TRON Foundation responds to claims from former CTO, says he was "dismissed"

15 May, 2019
by David Borman
TRON Foundation responds to claims from former CTO, says he was dismissed

Recently Chepicap reported that TRON CTO Lucien Chen had announced he was leaving the company, posting a Medium blog where he listed and explained his grievances with where the project is heading. Now, it seems the TRON Foundation has commented on the issue, claiming Chen was dismissed due to "misappropriation of funds," among other claims.

The information comes from the "Lucien Chen Megathread" on Reddit in which moderator of r/Tronix, pochachod, posted a response they received from the TRON Foundation concerning the incident. The response was as follows:

"According to the inspection department of TRON, former employees Z. Chen, J. Zhu, and X. Xie are suspected of misappropriation of funds, bribery, competitive infringement, and theft of trade secrets and intellectual property. Chen, Zhu, and Xie were dismissed in January, 2019 for violation of corporate policies and the law. Relevant documents and materials have been handed over to the judiciary. Z. Chen joined TRON in October, 2017 not as a co-founder but rather a technical leader."

A link to this thread was then posted to Twitter by Misha Lederman, co-founder of and TRON advocate:

To add more credit to this response being the official stance from the foundation, CEO Justin Sun and the TRON Foundation have both since retweeted the link.

What makes the situation a bit curious is that until just yesterday Lucien Chen was still listed as CTO on his LinkedIn, and no word had ever come from the foundation officially on the situation. However, according to their own rebuttal, Chen was dismissed in January. Understandably, some in the community took note of this and were anywhere from confused to upset:

Though it seems this is the official story from TRON, it is unclear if/how Chen will respond, seeing as their two versions do not seem to match. As always, stay right here with Chepicap for all updates on this curious situation!

Bitcoin hits $8K! Binance reopening to spark altcoin rally?! Subscribe to the Chepicap YouTube Channel for more videos!

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is now LIVE in Blockfolio! This is how you receive our latest news in your portfolio tracker!  

Read more about: TRON (TRX) Justin Sun


Who do you believe?

(8 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage