Someone impersonating Tron CEO Justin Sun luring investors into buying a fake Tron privacy asset
According to Miko Matsumura, Gumi Cryptos Capital partner, there is a crook trying to impersonate Justin Sun, Tron founder, to sell privacy coins pegged to the value of real TRX. But AZCoin News must warn people, and this is not an actual investment project but just a scam project – a fake Tron privacy asset.
My adventure with “Fake Justin Sun” documented in @cointelegraph not the real @justinsuntron who was kind enough to alert me to the fraudster. https://t.co/AGyiFolEhv
— Miko Matsumura (@mikojava) July 7, 2020
A scam artist pretending to be Justin Sun to sell a fake Tron privacy asset
After knowing this information, Matsumura contacted this impostor to examine the project and its token sale further.
An online video chat shows a person like Justin Sun talking to Matsumura. Using the faulty internet connection as an excuse, the impostor seems to have taken Sun’s old footage, low frame rates, and imposed his own voice on Sun’s voice.
Matsumura stated:
“Only after the adversary made a mistake and used CC: [email protected] did the TRON network see this scam and warn me. Their warning was my first indication that this was false. I was not intending to invest regardless but was curious to learn more because it seemed strange.”
He was remarkably “brave” when he put the real Justin Sun into an email with Matsumura. After viewing the email, Sun’s assistant responded to Matsumura, confirming that the project delivery and token were fraudulent.
Matsumura also provided a copy of the fake project whitepaper. The fraudulent token positioned itself as a privacy solution.
The scam whitepaper stated:
“TRZ is the first privacy token on Tron , and it realizes the complete privacy protection of the on-network through non-interactive zero-knowledge proof. Compared to the existing blockchain privacy protection technologies, TRZ can help realize the privacy protection of account and transaction information.”
Matsumura notes that the scam is convincing:
“Overall, I thought it was a fairly convincing fake. I have met the real Justin Sun in person, so this is a fairly high standard imo.”
Before this information, AZCoin News hopes everyone to pay more careful attention to investment projects in the cryptocurrency market!
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