Tron Soap Opera Thickens as Former CTO Hits Back Hard: Are the Allegations True?


Tron house is on the spotlight as its former CTO Lucien Chen hits the network hard with a plethora of allegations. Chen left the project earlier this month and could have passed just like any other routine change of executives if it wasn't for Chen explaining his departure as to devote to his new Volume Network project.

Despite Tron experiencing a growth at a commercial and technological level, the network and its CEO has been a subject of controversies in the past, which now seems to take another twist as they thicken.

The Story

It a post as the exit, Chen explains that Tron has simply departed from being ‘decentralized' and that it has no association with the internet and is instead a gambling and funding project.

Moreover, he stated that he chose to develop Volume Network (VOL) project to give back again life to the original idea that led to him joining Tron.

An ‘Ordinary Employee'

After a series of the allegations, Tron foundation came out and defended the network stating that Chen was even fired back in January over bribery, theft of trade secrets, misappropriation of funds as well as intellectual property.

Furthermore, Justin Sun claims that Chen was not the networks CTO. However, his words contrast the ones he had said before referring to Chen as CTO.

What makes it interesting is the fact that the claims January firing was never mentioned before until the recent proceedings. The only source for the claims is from subreddit and hence, has left many questioning Tron's sloppy mistakes.

Tron's mistakes Adding up

Chen's firing saga is just one of the many mistakes that Tron has made. For instance, Justin Sun has, for several occasions, made misleading statements, particularly about partnerships that never came to happen.

The standout one being the false partnership announce with Chinese tech giant Baidu and another with Liverpool FC which both were false.

Moreover, it was again on the spotlight over plagiarizing parts of its whitepaper and also the Tesla giveaway scenario.

Attracting Attention?

Are we dealing with a conflict of interest? To start with, Sun states that Chen was fired on January but yet hanged on indicating that he may have no bad intentions with Chen. On the other hand, Chen clearly criticizes Tron for losing direction to the extent of starting his Volume Network project.

Are the allegations true? Who's the real criminal?

But it won't surprise anyone either if Chen is doing it purposefully to advertise his Volume Network project. However, still, there could be some truth in the allegations as well.

Nevertheless, Tron has already been through enough of sloppy mistakes, and the time has to be now for the 11th placed crypto to clean everything up. Tron has to show it is trustworthy to its users and that their interest is more significant than merely making profits.

TRON’s price is $0.05 TRX/USD exchange rate today. The real-time TRX market cap of $3.56 Billion currently ranks #22 with , daily trading volume of $616.92 Million and live coin value change of TRX -1.78 in the last 24 hours.

Live Tron (TRX) Price:

1 TRX/USD =$0.0496 change ~ -1.78%

Coin Market Cap

$3.56 Billion

24 Hour Volume

$616.92 Million

24 Hour VWAP

$0

24 Hour Change

$0.00

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