Tron Foundation declines to comment on coronavirus relief funding report

The Tron Foundation has declined to comment on a report circulating in Chinese media that it has received stimulus funding from the U.S. government.

Tron representative Ryan Dennis told The Block: "We are a private company and this being a financial matter, we are unable to comment. I am happy to share, however, that our first priority is to always follow laws/rules/regulations of the governing bodies wherein we build our worldwide community."

A news report from Jinse Finance dated May 5 and citing "foreign media reports" states that Tron received "17 million yuan" (worth roughly $2.4 million) and that a second batch is pending. It's not clear at this time from where those "foreign media reports" were sourced. Additionally, a circulating link to a Tron social media account also includes text about the supposed funding.

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