TRON's office in Beijing is facing Wave Field Super Community scam investors with a police raid, according to Hayden Otto from CoinSpice.
Amid viral news of possible police raid at TRON's office, native currency TRX has lost almost 6% and at press time TRX is trading at $0,033.
Shortly after the video was shared across Twitter, TRON Foundation has issued an official response according to which a number of people "attempted to enter the office of Beijing research and development center of Raybo technology, a partner of TRON in mainland China."
The police were reportedly called in to remove the protestors and secured the office.
"After communicating with the protesters, employees at Raybo learned that at least some of the people were deceived by the so-called “Wave Field Super Community” scheme that traded on its similarity to the Chinese-language version of TRON’s name to defraud investors," states the official announcement.
Earlier the TRON Foundation announced it plans to buyback TRX assets worth up to $20 million in order to promote community activity and market stability.
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