In 2019, Justin Sun, the founder of the cryptocurrency Tron, paid a record $4.6 million in a charity auction to have lunch with Warren Buffett, the investment legend and chairman of Berkshire Hathaway. Ironically, Buffett has been one of the staunchest critics of cryptocurrencies and has previously described Bitcoin as "rat poison squared."
Buffett has never hidden his strong stance against cryptocurrencies. In one of the annual shareholder meetings and also in an interview with CNBC, he stated: "As far as cryptocurrencies are concerned, I can almost guarantee they will end badly. If I could buy a five-year put option on all cryptocurrencies, I would do it, but I won't short sell."
This auction is organized on eBay Charity to support the Glide Foundation in San Francisco, which raises funds to combat poverty and homelessness.
