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Market News

Tron Founder Justin Sun is Interested in FTX Assets

His team (representatives of both Tron and Huobi) is in the Bahamas for talks with FTX.

Written By Renuka Tahelyani
Published November 23, 2022 7:44 AM·Updated 12 months ago
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Tron Founder Justin Sun is Interested in FTX Assets

Blockchain DAO Tron founder and billionaire Justin Sun and his associates are open to “any kind of deal.” They are interested in purchasing FTX assets as they evaluate them one by one from Sam Bankman-Fried’s defunct FTX empire.

“We are open to any kind of deal. I think all the options [are] on the table. Right now, we are evaluating assets one by one, but as far as I understand the process is going to be long since they are already in this kind of bankruptcy procedure.”

Following its bankruptcy filing earlier this month, FTX’s time in the spotlight came to an end. Tron’s founder Justin Sun, who has been vocal in his support for FTX and its former CEO Sam Bankman-Fried (SBF), is now attempting to provide additional assistance.

Also Read: Tron’s Justin Sun is “putting together a solution” with FTX

Justin Sun, the advisor of the Huobi Global digital-asset exchange, stated that his team (representatives of both Tron and Huobi) is in the Bahamas for talks with FTX.

“The fall of SBF will leave a very negative impression on mainstream American society about the cryptocurrency industry,” he said.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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