Altcoin News: Tron Foundation: The Ex-CTO Who Went into the New Project Was Suspected of Serious Violations and Was Fired

May 13, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The Tron Foundation commented on the departure of its former technical director Lucien Chen to the new project.

Last week, Chen announced that he was extremely upset by the development vector of TRON, which had become a centralized monetary mechanism, and announced the creation of his own project, which would embody the original vision of creating a decentralized Internet.

According to the Tron Foundation, the company’s internal investigations department conducted a trial in which he had reason to suspect Chen and two other employees

“are suspected of misappropriation of funds, bribery, competitive infringement, and theft of trade secrets and intellectual property.”

As a result, all three were dismissed in January 2019 for violating corporate rules and the law, and the relevant documents were transferred for further production.

“ Chen joined TRON in October, 2017 not as a co-founder but rather a technical leader,” the organization’s statement on Reddit says.

Link to the discussion in his Twitter shared CEO TRON Justin Sun.

In response to user comments on why this information was not made public earlier, the discussion moderator said that the Tron Foundation had only recently decided to establish communication with the community through Reddit, and the events described had happened before. At the same time, this information was also not published through other channels.

Author: Marko Vidrih