TRON spokesperson: It is completely wrong to believe that Tron or Ethereum has control over entities using corresponding technologies.
According to a TRON spokesperson regarding Circle-related reports, "We have no comment on these issues involving unrelated third-party behavior. Like all public blockchains, the TRON blockchain is a technology. Any technology can theoretically be used for suspicious activities. For example, the US dollar, as a legal currency, is often used for money laundering. Therefore, it is completely wrong to assume that TRON or Ethereum have control over entities using the corresponding technology."
TRON founder Justin Sun also responded on social media, stating, "TRON is a decentralized protocol, similar to Bitcoin and Ethereum, with nodes running globally. The global super representatives are responsible for running this protocol. Although we are committed to combating terrorist financing by integrating various analytical projects and partners, our primary task is still to maintain decentralization, ensure the safety of everyone's assets, and continue to provide instant, affordable, and reliable transactions. I am very grateful to everyone in our industry who has contributed to the widespread adoption of cryptocurrencies."
Previously, in a letter to US Senators Sherrod Brown and Elizabeth Warren, Circle refuted false allegations that it assisted in illegal financial activities. It also stated that it did not provide banking services to Justin Sun, the TRON Foundation, or Huobi, which is now renamed HTX.
The company stated in the letter, "Circle does not directly or indirectly assist or fund Hamas (or any other illegal actors). Circle also did not provide banking services to Justin Sun. Mr. Sun or any entity owned or controlled by Mr. Sun, including the TRON Foundation or HTX, currently does not have an account with Circle."
The letter went on to say, "To date, the US government has not designated Mr. Sun or his entities as specially designated nationals. Nevertheless, Circle terminated all accounts held by Mr. Sun and his affiliated companies in February 2023."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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