Tron Poloniex relationship scrutinized! The Tron Poloniex relationship is being called into question after Digibyte was announced to be delisted by the exchange. Circle, a crypto firm, announced that they were spinning off Poloniex earlier this year.
Circle has warned that customers that don’t withdraw their assets will have their assets sent to state governments. Jared Tate, the founder of Digibyte, said that he was very upset that sensitive information and personal information of his friends and family members were in the hands of Poloniex. Poloniex responded that they do not own any US Customer data – the exchange would also “delist DGB soon”.
Poloniex’s spin-off is rumored to have been spearheaded by Justin Sun, the founder of Tron. At the time, Justin denied being behind the exchange purchase, but on November 12th, last month, he admitted that he was part of the group of investors behind the Poloniex acquisition.
Ever since Circle abandoned Poloniex, US Customers have been banned from using the platform. Circle emailed users this week and detailed that they may charge dormant fees to people who do not withdraw from their platform and that their assets could be sent to governments.
This caused Jared Tate to take to twitter and attacked the Tron network and called Poloniex a “TRX shill factory after making off with US customers’ sensitive data.”
He wrote:
8/8 I am royally pissed my personal data, my friends and families data and other US #DigiByte customers most sensitive data is now in the hands of this circus that is now #Poloniex. Or the $TRX shill factory as we should now call it. Thanks @jerallaire https://t.co/pLg9qrIYse
— Jared Tate (@jaredctate) December 4, 2019
Poloniex responded shortly thereafter.
After a careful review, we decided #DigiByte is not qualified per our listing standard. We will delist $DGB soon. Details to be announced.
— Poloniex Exchange (@Poloniex) December 5, 2019
Podcaster Udi Wertheimer explained how the controversy is great marketing for Poloniex and Tron, by saying:
Poloniex was a completely irrelevant exchange up until a few months ago. No one remembered it existed.
Now with a new eccentric owner, and an aggressive social media strategy, it’s everyone’s favorite topic.
Watch and learn plebs. https://t.co/G470DeiVm4
— Udi Wertheimer (@udiWertheimer) December 5, 2019
This is what our own Kurt Wuckert Jr. had to say about this debacle:
Wow! DGB creator, @jaredctate writes completely valid criticism of the incestuous relationship between Tron and Poloniex, and this is Polo’s response.
I can’t wait to see these exchanges and disgusting pumpers burnt to the ground.
What an absolute disgrace! https://t.co/p6A4vhghck
— 🔥🔥Kurt Wuckert Jr🔥🔥 (@kurtwuckertjr) December 5, 2019
He’s right – Poloniex and Tron and their relationship is a trending topic within crypto circles. The latest news that Poloniex is delisting DGB just adds fuel to the fire. What do you think? Let us know on our Facebook page!