TRON (TRX) accused of secretly paying celebrities to tweet

What happened with STEEM's Hive fork, according to Justin Sun

A popular YouTuber Marques Brownlee has accused TRON (TRX) of paying him to promote the platform without any disclosure.

Brownlee said Tron told him celebrities like Lil Yachty, NeYo, Lindsay Lohan, and Amanda Cerny have already endorsed their participation in the paid promotion.

Marques Brownlee has more than 13.5 million subscribers on his YouTube channel. Brownlee added that he had received several email follow-ups regarding his participation in the crypto coin campaign. From the series of emails he has received, Brownlee said he started doubting the clarity and type of promotion the company is asking for.

“We need not make it look like a ‘sponsored tweet’ Brownlee reveals one of the messages on the tweet.

Brownlee said the promotional campaign seemed sketchy

He was told the promotional activity is for trading Tron (TRX) cryptocurrency they are paying people to promote. He added that the promotional campaign seems sketchy to him.

Brownlee said what finally turned him off was when the unidentified Tron “partners” told him part of the project was to not disclose it as a sponsored project, but coming genuinely from him.

He stated that he would have gone against the law if he had accepted the terms of the promotion. The regulation set by the Federal Trade Commission states that it is illegal to promote a service or product without revealing that they are getting paid for the promotion.

Justin Sun denies involvement

But Tron founder Justin Sun has come out to deny any form of payments issued to celebrities to promote Tron.

He said he or his foundation doesn’t have any idea about the undisclosed promotional arrangements.

 “There have been rumors lately of third-party celebrities being paid to promote TRON,” he said.

Sun also said if these promotions were true, the Tron foundation is not aware of the actors pushing for such promotion.

This is coming amidst the price hike of Bitcoin and other competing altcoins. The Prices of Bitcoin and altcoins like Dogecoin (DOGE) have increased in value mainly due to the recent comments by Tesla’s Elon Musk on both tokens.

It’s not clear who is running the promotion, but the motive could be to engineer a rise of the TRX token for more profit.

The post TRON (TRX) accused of secretly paying celebrities to tweet appeared first on Invezz.

Publication date: 
02/17/2021 - 13:21

The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.