Tron's Justin Sun Gives Away 1000 BTT ($.53) to FCoin Victims But First Sign-up For Poloniex

You read it right! Tron founder Justin Sun, the guy with all the marketing tactics in his box, is giving away 50 cents “to recover the loss for users.”

He is who doesn't let any marketing opportunity slide by him. Deadly Coronavirus outbreak, Sun’s “Fighting coronavirus,” and “TRON is on the way!”

American professional basketball player Kobe Bryant’s death and Sun revisits the niTROn 2019 event where he met Bryant. He also announced “a moment of silence in (his) honor during niTROn 2020.” But people didn’t like Sun using the opportunity to promote his business with Dovey Wan, founding partner of Primitive Crypto calling it “completely intolerable for using a legend’s tragic death as a marketing gimmick.”

Now, yet again, Sun managed to draw the ire of people as he announces a campaign to help the crypto exchange FCoin’s victims which is shutting down its doors.

Sun announced on Twitter that he had contacted his crypto exchange Poloniex and decided to launch a campaign. As per this campaign, “All Fcoin users who sign up on can claim 1000 $BTT.” The current price of the BitTorrent token (BTT) is $0.000543 which means you get 54 cents, that’s right.

FCoin announced its insolvency on Monday but falls short of its liability between 7k to 13k BTC which amounts to $69.3 million and $128.7 million. And Sun knows this as he added,

“Despite the small amount, this is our token of gesture to recover the loss for users of the crypto world!”

But even more absurd than this generous campaign is Sun’s condolences to the FCoin founder Zhang Jian who is Sun’s “close friend, when FCoin very much looks like an exit scam.

“The news of FCoin overwhelmed me with grief. ZhangJian is my close friend. I can relate to the hardships he has gone through creating his business, and I feel extremely sorry for the users’ losses.”

Given the length Sun goes for his marketing tactics, with recently calling TRX a “shitcoin” himself, there isn’t much one can’t expect from him.

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AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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