Angry Mob Attack Tron Beijing Office

The Tron office in Beijing has been surrounded by police as a crowd gathered to protest against a Chinese ponzi scheme that went under a Tron-like name, Twitter personality Crypto Authority reports on July 8.

Videos with crowds surrounded by police officers in the Tron’s office have spread over Twitter, with people apparently coming to express outrage at a local crypto scam that reportedly led to $30 million worth of losses and one suicide.

As can be seen on the videos, people are apparently considering Tron to be the fraudulent entity, with the crowd reportedly yelling "Tron is a scam.”

While Tron has not provided an official feedback on the matter to date, the firm’s CEO Justin Sun has recently warned investors against scam schemes using names of Tron and Tron-owned BitTorrent.

“As a leading blockchain protocol, there are Ponzi schemes using TRON, BitTorrent or uTorrent names like “MMM bitcoin, Ethereum pyramid & EOS ecosystem schemes,” wrote Sun on July 5. “We will never ask you to send money.” Read More at CoinTelegraph...

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