Justin Sun, a Chinese founder of the cryptocurrency ecosystem TRON, has stepped down TRON representative to become an ambassador of the Grenada government to the World Trade Organization. According to an open letter, TRON Foundation's original three nodes, "justinsuntron," "BitTorrent," and "µTorrent," have withdrawn from the project's ranks of super representatives. From now on, the entire network is run by 27 super representatives hosted by the community, the foundation said.
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"Personally, as an ordinary member of the TRON protocol community, I will continue to support and encourage the development of TRON and its decentralized community," Sun noted.
He also added he recently accepted the invitation of the Grenada government to serve as the Ambassador and Permanent Representative of Grenada to the World Trade Organization in Geneva, Switzerland. Sun also promised to promote the development of the blockchain industry and digital economy to the World Trade Organization in the future.
After the news broke, TRX price crashed by 8% to $0.08 with market capitalization sliding down to $8.2 billion.
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