Tron (TRX) – The buzz in the crypto space has attracted a lot of activities, the good, the bad and the ugly. Even as the cryptocurrency came with a relieve of challenges faced by the society in payment processing, right in its cart are other nefarious activities by scammers and schemers. The major target in these unlawful acts is always the best performing digital networks like Tron.
Tron has been one of the altcoins that defied all market challenges, to soar high. This can be attributed to its involvement in developing features on its network like niTron summit and the lunch of BitTorrent. Thereby gaining public confidence and becoming a strong force in the financial mainstream.
Even with these positive developments, enthusiasts are reporting that Tron ecosystem is saturated with scams and Ponzi that is damaging the reputation of the network.
A couple of months ago, according to the report from Ambycrypto, many Redditors complained about Troncandy. They constantly faced issues trying to access information about the Troncandy project, were unable to find the key data normally associated with a legitimate altcoin.
It was also discovered once that all the tokens associated with the projects were sold. A particular Tron community member, Wahid Fayad spoke on Reddit against TronCandy, he claimed to have lost 12 Million TRX.
A lot of investors in TronCandy are stuck with a delisted token, though efforts were made to inform the Tron Foundation and the CEO Justin Sun, there was no response.
The recent report on Twitter from a TRX holder shows that Tron network charges higher issuance cost than what is originally stated. The issuance cost is five times higher than what it should be. One is left to wonder if the multiple charges are from Tron network or other manipulators.
Some time ago, Justin Sun was impersonated by crypto scammers who used his twitter accounts to lure users with offers of fake giveaways and free cryptocurrency. But users want to know why they are excessively charged issuance cost.