Tron legitimized a project before it pulled an exit scam, community says

Tron's primary DeFi project whitelisted what looks like a scam.

Listen to article The Tron community is accusing the Just Foundation of whitelisting a "DeFi project" that eventually pulled an exit scam, pocketing about $2 million in TRX tokens.

According to a post on Tron's subreddit, the foundation created a token whitelist for its Uniswap clone, JustSwap, to curb instances of fraudulent tokens and projects.

The project in question, Tron Supernode, can still be found in the whitelist, even though the website has been completely deactivated as the community reported that withdrawals were disabled.

According to the community, the project's Telegram channels and social media accounts were closed even earlier than the website.

The project collected a total value locked of $2 million in TRX before closing shop.

Some in the community said that it was easy to see that the project was not legitimate.

The Just Foundation manages DeFi on Tron, which largely consists of Ethereum projects ported one-to-one over to the Tron blockchain.

The project was initially called Djed, but was later renamed to Just.The community is questioning the foundation's vetting process, especially as it pertains to smart contract analysis.

Representatives from the Tron and Just foundations did not immediately answer Cointelegraph's inquiries.