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Tron has successfully applied for $2m in small business relief from the United States government

TRON and BitTorrent CEO Justin Sun is once again at the center of controversy, after announcing that he had received a $ 2 million loan from the United States government to boost the fight against coronaviruses.

The TRON Foundation has granted assistance of $ 2 million

The current pandemic has wreaked havoc on the U.S. financial markets. Small businesses, in particular, are suffering from the economic closure designed to reduce the spread of COVID-19.

With the wages of hundreds of thousands of workers at risk, the United States government created the Wage Earner Protection Program (PPP) to help small businesses stay afloat. However, the administration of small businesses has had serious problems in ensuring that these funds are distributed correctly.

The reaction of crypto community members

Nearly everyone is dissatisfied with this news. Some people question how Justin Sun’s Tron (TRX) won the grant. The fact that many American businesses have encountered barriers in their fight for federal assistance has made it even more bizarre.

This is how even Justin Sun’s TRON was approved for more than $ 2 million in aid. But, many in the cryptocurrency community find the outstretched hand of the controversial 28-year-old entrepreneur questionable.

While many hard-working Americans struggle with the complicated loan application process and are turned down for no reason, Sun leaves with a huge sum of money.

In the same vein, the Director of Sino Global Capital, Matthew Graham, said:

Another Twitter user said:

Meanwhile, the U.S. Federal Reserve has been accused of establishing companies that once warned banks not to touch. However, at the time of submitting this report, neither Justin Sun nor Tron Foundation responded to this latest development.

Justin Sun, who is known for his $ 4.5 million dinners with Warren Buffett and the hostile takeover of social network Steem, does not seem to need money to survive the crisis, say, critics, especially if one takes into account its multi-million dollar acquisitions from crypto-related companies like BitTorrent, Kraken, and Steemit.

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