Sunday, January 24, 2021

Weiss Ratings Implores Justin Sun to return $2M Grant, Says It’s for Small Businesses

Weiss Crypto Ratings, the popular provider of independent cryptocurrency ratings, has recently charged the founder and CEO of Tron (TRX) to return the $2 million stimulus loan received from the United States Government.

This was passed across by the Crypto Rater moments ago, via its official Twitter handle. It stated that the stimulus loan provided by the US government is created to help small businesses to survive the present economic crisis initiated by coronavirus pandemic.

Recall that Herald Sheets reported about two days ago that the cryptographic project Tron (TRX) received a $2 million grant from the United States government, for salary protection.

In the tweet, Weiss Crypto Ratings averred that Justin Sun does not need the grant since his crypto project is not one of those small businesses affected by the economic crisis.

Conclusively, the Crypto Rater implored Sun to return the grant for the benefit of those seriously in need of it in this difficult time.

Weiss Crypto Ratings shared this, “Justin Sun received a $2 million coronavirus stimulus loan from the U.S. government. Government created the Paycheck Protection Program to help small businesses survive the economic crisis. Justin, seriously, how low can you go? Return the loan – you don’t need the funding.”

Recap of the Grant Received by Tron’s Justin Sun that Called for Criticisms

The report was shared and translated about two days ago by Matthew Graham, the Chief Executive Officer of Beijing-based blockchain investment firm, Sino Global Capital.

The post reads thus,

“If you are wondering why Justin would want this publicized in China, many people will misinterpret this as some kind of implicit endorsement of Tron from the United States government. From standpoint of completely unethical grifter, a savvy move.”

Back then, the update called for the criticism of Justin Sun, as some suggested the return of the stimulus loan with immediate effect. While some questioned how Tron (TRX) managed to win the grant when the most qualified startups struggle for attention.

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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