While the buzz of billion-dollar Ponzi scheme is still hot in the crypto market, users on social media spread out yet another strange topic against TRON and Justin Sun.
Is Tron a Scam?
Today, on July 08, 2019, few social media users shared tweets with video clips, claiming that police officers have raided TRON (TRX)’s Beijing offices. The clip showed a crowd of angry people shouting at the office, yelling things like “Tron is a scam.” There wasn’t the only clip shared on Twitter; however, many other Twitter users shared different clips with their own views.
https://twitter.com/haydenotto_/status/1148174274374455297
While few believe it was a police raid – on the other hand, few others managed to calm down angry users on social media, claiming that “it wasn’t the police raid at all – instead, police were protecting the TRON office from angry mobs who lost money in a fake TRX scheme.
People say the police is protecting the #Tron office from angry mobs who lost money in a fake $TRX scheme. However, you can be 100% certain the police will come back tomorrow and check @Tronfoundation itself. Chinese authorities hate social unrest the most https://t.co/h9GvA69jdl
— TSS (@SandorReport) July 8, 2019
Not a Raid, Not at All!
However, the police protecting Tron office turned out to be a piece of reliable news when TRON officially shared a blog post, claiming that the law enforcement officers were invited to protect TRON’s office.
The blog explains that those circulated pictures and videos were actually captured at the Beijing research and development center of Raybo technology, which is a partner of TRON in mainland China. It further reads that;
Pictures and video circulating on the internet show scenes of the incident and the police response that removed them and secured the office.
Beside official post, CEO Justin Sun also took to Twitter and wrote “stop spreading fake news and pictures”;
.@Tronfoundation and @BitTorrent is fine. Everything is fine. We are preparing for #BitTorrentSpeed launch today. Stop spreading fake news and pictures.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) July 8, 2019
It’s worth to remind that the pyramid scheme “Wave Field Super Community” caught last week when victims shouted at their loss of $30 million, suffered by investing in this scheme.
Reportedly, the scheme was launched in January this year and suspended their work at the end of June. This scheme allegedly represented TRON and called itself as “super representative” of Tron or one of the 27 nodes of the platform. While the scheme represented its fake investment plan by using TRON’s name, investors actually invested huge fund and blaming Justin Sun for not taking any action against it.
Concerning these Ponzi schemes, Sun finally broke out his silence on July 05, 2019 and added that “we will never ask you to send money. Be careful and hodl your $TRX/BTT.”
As a leading blockchain protocol, there are Ponzi schemes using #TRON, #BitTorrent or #uTorrent names like “MMM #bitcoin, #Ethereum pyramid & #EOS ecosystem schemes”. We will never ask you to send money. Be careful & hodl your $TRX/ $BTT
— H.E. Justin Sun 孙宇晨 (@justinsuntron) July 5, 2019
As for now, it’s clear that police wasn’t at Tron’s office to raid instead protect its office from the victims that went to TRON’s office to express resentment about Sun and company’s silence despite allegedly knowing about Ponzi scheme operating under a similar name. Remember, they are only ‘alledged’ to be knowing about the Ponzi, there is no confirmation. The victims themselves alleged the conspiracy about Tron.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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