Justin Sun has denied reports that he was removed from his position as Grenada’s ambassador. Several media outlets had reported that Sun was stripped of his position after the National Party, which appointed him as ambassador, was overthrown by the National Democratic Congress in June 2022.
In a recent tweet, Sun declared that these reports were “completely untrue.” He also shared a screenshot taken on March 31 (local time) showing that he still held the position of Grenada’s ambassador on the World Trade Organization’s internal registration website. Prior to this, Grenada Broadcasting Network had reported that Sun had been stripped of his ambassadorial status.
As my term as the Ambassador of Grenada to the World Trade Organization (@wto) comes to a close, effective 31 March 2023, I want to express my gratitude for the wonderful experiences and the amazing support that I have received during my time here.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) March 31, 2023
“In addition, I have had the opportunity to communicate and collaborate with counterparts from several countries and regions, including the European Union, France, Russia, Switzerland, Malaysia, Singapore, Hong Kong China, India, and the Organisation of Eastern Caribbean States”, Sun says.
Sun was appointed as Grenada’s WTO ambassador by the country’s government in December 2021. The news had come as a surprise to many, as the Chinese entrepreneur had no prior experience in diplomacy or any apparent connections to Grenada, a country located in the Caribbean.
Since taking on the role, Sun has referred to himself as “His Excellency” on social media accounts. He continues to use the title “H.E.” on his verified personal Twitter account and his diplomatic Twitter account. As of now, neither the WTO nor the Grenadian government have issued a statement in response to these reports.
In addition to these developments, Sun and TRON are facing troubles from US regulatory agencies. On March 22, the US Securities and Exchange Commission (SEC) filed a lawsuit against Sun for selling unregistered securities, including TRX (TRON) and BTT (BitTorrent). The regulatory agency also accused Sun of manipulating the price of TRX from April 2018 to February 2019.
It remains to be seen how these legal and diplomatic issues will play out for Sun and TRON. Nevertheless, they mark a significant turn of events for the founder and his company, and they will undoubtedly be closely watched by both the crypto and diplomatic communities.
Read more:
- Justin Sun Stripped Of Ambassadorial Status By Grenada Government
- Justin Sun Responds To SEC’s Legal Action, Calling It A “Civil Complaint”