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TRON Plot Thickens: CTO Was Fired for Bribery and Theft, Says Justin Solar

By CCN: Earlier this week the Chief Technical Officer of TRON (TRX) introduced his departure from the undertaking. Lucien Chen, who had been with TRON since 2017, laid out a three-point rationalization of why ‘TRON is not TRON’:

However within the days following his announcement, TRON PR sprung into motion. In response to official TRON representatives, Lucien Chen was really fired months in the past, in January 2019. The explanation:

“Suspicion of misappropriation of funds, bribery, aggressive infringement, and theft of commerce secrets and techniques and mental property.”

CEO and founder, Justin Solar, lent validation to this declare by retweeting it, and a reddit thread popped up which relayed this info to the TRX neighborhood.

A reported response from @Tronfoundation on the dismissal of CTO Lucien Chen, J. Zhu & X. Xie in Jan 2019 attributable to suspicion of misappropriation of funds, bribery, aggressive infringement, & theft of commerce secrets and techniques & mental property#TRON Reddit hyperlink:

— Misha Lederman (@mishalederman) Could 11, 2019

However 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 big company crime again in January, and TRX builders and buyers seem to have been left at nighttime this entire time.

Former CTO Units Fireplace to TRX On His Approach Out

Certainly, the primary time Chen’s alleged crimes have been talked about was shortly after he started talking out in opposition to TRON. This has led multiple neighborhood member to suspect this quantities to little greater than an try to divert consideration away from Chen’s criticisms of the undertaking – of which there are numerous.

When Chen introduced his departure earlier this week, he known as out Justin Solar for diluting TRON’s imaginative and prescient.

I assume because of this $TRX is (particularly) dropping like a brick.

— Loma (@LomaCrypto) Could 12, 2019

Chen stated TRON is nowhere close to decentralized; just isn’t able to working web purposes; and that it has deserted the ‘spirit of blockchain’. He added:

“The entire undertaking has developed right into a financial software with none “decentralize the net” spirit.”

Justin Solar has usually been accused of missing technical acumen. Chen, who seems to have been the technical brains behind the undertaking, stated:

“The expertise platform of TRON was constructed by me. I definitely know that the actual Web purposes can’t perform in TRON community in any respect at the moment. The TRON ecosystem remains to be removed from industrial purposes that customers can actually apply to.”

Chen stated irreconcilable variations between he and Justin Solar pressured him to depart, including  that the concept he was offered by Justin Solar in 2017 just isn’t the undertaking which exists right now.

Justin Solar Silent for Months on Company Crimes?

The one supply of the claims in opposition to Chen come from this reddit thread within the r/Tronix subreddit. A moderator on the sub, u/pochacod, seems to be the one particular person in existence to have acquired any info concerning Chen’s alleged crimes.

The put up particulars the accusations made in opposition to 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. Related paperwork and supplies have been handed over to the judiciary.”

If the CTO of a serious firm is fired on suspicion of the crimes talked about above, absolutely it could be one thing builders, speculators and buyers want to learn about. But, regardless of the severity of the crimes, no point out of them have been made in January when Chen was supposedly fired.

One other Superb 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 Solar made the ridiculous declare that he single-handedly saved the crypto market by providing Binance $40 million to cowl their hack.

Tron’s Justin Solar Gives to Deposit 7,000 BTC into Hacked Binance

— (@CCNMarkets) Could eight, 2019

Talking on-stage on the TWN2019 convention in Amsterdam, Solar stated:

“I undoubtedly know I’ve an amazing impression on the neighborhood and the cryptocurrency worth. When Binance obtained hacked the opposite day, the Bitcoin worth dropped from $5900 to $5700. Then I posted a tweet during which I stated that I’d ship $40 million in USDT to help Binance. And the worth went again up immediately.”

At this level, Justin Solar’s phrase carries little or no weight. Conspiracies are flying round on either side as individuals attempt to decide who the actual legal is – Lucien Chen or Justin Solar.

One factor that must be famous is that Chen’s crippling appraisal of TRON got here simply as he was saying his new blockchain undertaking – Quantity Community (VOL). With this in thoughts, maybe his phrases have been chosen to attract as many eyes as attainable to his new undertaking, and shouldn’t be taken at face worth.

Chen didn’t reply to remark requests by the point this text was written.

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