Tron (TRX) has centralized locking and can halt trading at will, but for a reason

Tron (TRX) is currently a top 20 cryptocurrency with a $2.5 billion market cap. It was at least airdropped on Binance to users, who could either sell the tokens or hold them. The same guys that released a video on how to safely remove money from EtherDelta after the exchange was hacked recently noticed something on Tron's code: centralized locking.

Centralized locking means that the person who owns the code on the Ethereum blockchain can, at will, halt trading on all platform either to control the cryptocurrency's price, or to dump coins after a large pump, while no one can do anything about it. At first I didn't believe the code was really there, but upon doing a little more research I did find the link with the source of the code:

https://etherscan.io/address/0xf230b790e05390fc8295f4d3f60332c93bed42e2#code

Now the discovery was public and made a little controversy, and forced TRX's team to come forward with what the code was all about. Here's their response:

Now, is this a good reason? That's really up to you to know. Also, Bitcoin hit $12,000 and then bounced back... I (nearly) called it as I pointed to $12,500 - https://steemit.com/bitcoin/@frsvp/how-low-will-bitcoin-go

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