During an interview with a Bloomberg journalist, Tron Foundation founder Justin Sun said he was ready to provide “billion-dollar assistance” to the FTX cryptocurrency exchange.
@justinsuntron tells me he’s prepared to provide FTX with billions in aid
“need to do full diligence”
“good moment to show unity in crypto industry” @FTX_Official @SBF_FTX #exclusive https://t.co/B3wUUbx4gB
— Tom Mackenzie (@TomMackenzieTV) November 11, 2022
As journalist Tom McKenzie writes, Sun signaled the need for due diligence at “a good moment to show unity in the crypto industry.”
Learn more about how Twitter conversations crashed the value of FTX:
FTX price collapsed
Sun also said that he is working with FTX to “develop a solution to start moving forward.” He did not specify what kind of initiative he was talking about.
Today we also wrote that at the request of law enforcement Tether Limited blocked 46,370,701 USDT on the Tron blockchain, which belonged cryptocurrency exchange FTX.