By CCN: Earlier this week the Chief Technical Officer of TRON (TRX) introduced his departure from the challenge. Lucien Chen, who had been with TRON since 2017, laid out a three-point clarification of why ‘TRON is not TRON’:
But within the days following his announcement, TRON PR sprung into motion. According to official TRON representatives, Lucien Chen was really fired months in the past, in January 2019. The purpose:
“Suspicion of misappropriation of funds, bribery, aggressive infringement, and theft of commerce secrets and techniques and mental property.”
A reported response from @Tronfoundation on the dismissal of CTO Lucien Chen, J. Zhu & X. Xie in Jan 2019 resulting from suspicion of misappropriation of funds, bribery, aggressive infringement, & theft of commerce secrets and techniques & mental property#TRON Reddit hyperlink:https://t.co/LeotF31NsS pic.twitter.com/RYMsn2J9rw
— Misha Lederman (@mishalederman) May 11, 2019
But as early as two days in the past, Lucien (Zhiqiang) Chen was nonetheless listed because the TRON CTO on LinkedIn (now up to date). No official announcement was made regarding this apparently large company crime again in January, and TRX builders and traders seem to have been left at nighttime this entire time.
Former CTO Sets Fire to TRX On His Way Out
Indeed, the primary time Chen’s alleged crimes have been talked about was shortly after he started talking out towards TRON. This has led a couple of group member to suspect this quantities to little greater than an try and divert consideration away from Chen’s criticisms of the challenge – of which there are numerous.
When Chen introduced his departure earlier this week, he known as out Justin Sun for diluting TRON’s imaginative and prescient.
I assume because of this $TRX is (particularly) dropping like a brick.
— Loma (@LomaCrypto) May 12, 2019
Chen stated TRON is nowhere close to decentralized; shouldn’t be able to working web functions; and that it has deserted the ‘spirit of blockchain’. He added:
“The entire challenge has developed right into a financial software with none “decentralize the net” spirit.”
Justin Sun has usually been accused of missing technical acumen. Chen, who seems to have been the technical brains behind the challenge, stated:
“The expertise platform of TRON was constructed by me. I actually know that the actual Internet functions can not operate in TRON community in any respect presently. The TRON ecosystem continues to be removed from industrial functions that customers can actually apply to.”
Chen stated irreconcilable variations between he and Justin Sun pressured him to go away, including that the thought he was offered by Justin Sun in 2017 shouldn’t be the challenge which exists immediately.
Justin Sun Silent for Months on Corporate Crimes?
The solely supply of the claims towards Chen come from this reddit thread within the r/Tronix subreddit. A moderator on the sub, u/pochacod, seems to be the one individual in existence to have obtained any info concerning Chen’s alleged crimes.
The submit particulars the accusations made towards the previous CTO, together with claims of bribery, misappropriation of funds, and theft of commerce secrets and techniques and mental property. It provides that Chen, and others, are underneath investigation:
“Chen, Zhu, and Xie have been dismissed in January, 2019 for violation of company insurance policies and the regulation. Relevant paperwork and supplies have been handed over to the judiciary.”
If the CTO of a significant firm is fired on suspicion of the crimes talked about above, absolutely it could be one thing builders, speculators and traders wish to learn about. Yet, regardless of the severity of the crimes, no point out of them have been made in January when Chen was supposedly fired.
Another Fine Mess for TRON
All of this quantities to yet one more loopy chapter within the tragi-comedy that’s TRON. It is available in the identical week that Justin Sun made the ridiculous declare that he single-handedly saved the crypto market by providing Binance $40 million to cowl their hack.
Tron’s Justin Sun Offers to Deposit 7,000 BTC into Hacked Binance https://t.co/auGjKPfn3u
— CCN.com (@CCNMarkets) May 8, 2019
Speaking on-stage on the TWN2019 convention in Amsterdam, Sun stated:
“I positively know I’ve an ideal affect on the group and the cryptocurrency worth. When Binance received hacked the opposite day, the Bitcoin worth dropped from $5900 to $5700. Then I posted a tweet by which I stated that I’d ship $40 million in USDT to help Binance. And the worth went again up instantly.”
At this level, Justin Sun’s phrase carries little or no weight. Conspiracies are flying round on each side as individuals attempt to decide who the actual legal is – Lucien Chen or Justin Sun.
One factor that ought to be famous is that Chen’s crippling appraisal of TRON got here simply as he was asserting his new blockchain challenge – Volume Network (VOL). With this in thoughts, maybe his phrases have been chosen to attract as many eyes as attainable to his new challenge, and shouldn’t be taken at face worth.
Chen didn’t reply to remark requests by the point this text was written.