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Highlights:

  • Poloniex posted a Tweet asking its users to Buy Tron
  • The Tweet was deleted within hours of being posted
  • Online community went all out against Poloniex for supporting a particular token

Major Cryptocurrency exchange Poloniex was recently caught asking its followers on Twitter to buy and Hold the controversial cryptocurrency, Tron. Justin Sun, the founder and CEO of Tron had recently taken over a majority stake in the exchange.

The Tweet said, “Let’s buy #TRON”, but was taken down after 28 minutes. Fortunately the tweet was soon uncovered by the crypto Twitter bot @CryptoDeleted later in the day.

Many Twitter followers took many interpretations of the Tweet and did not hold back to point out the clear influence of the take over earlier last month.

Earlier Lat month, Just Tron mentioned on Twitter that he is a part of an investment group that have acquired majority stake in the Exchange. “Poloniex is one of the biggest exchanges in our industry,” Sun said on Twitter, “I think the exchange is going to grow and that’s why we collaborate with it to have more initiatives.”


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Sudarshan M

Sudarshan M is a long time crypto-enthusiast. Pulled in by bitcoin early on, it didn’t take long for Sudarshan to divert all of his academic attention from business studies to blockchain by doing his Masters and eventually pursuing his PhD in the subject. He is currently a researcher at the University of Nicosia. He is also the author of two research papers and a book on Blockchain’s future in Education titled: An Academic Overview of Blockchain - Applications in Educational Institutions. Sudarshan is an entrepreneur, blogger, educator, researcher and an avid proponent of Dogecoin. Such coin, Much wow.

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