Justin Sun says he is working on 'solution' with FTX
Justin Sun, the billionaire founder of the Tron blockchain, said late on Nov. 9 that he is working on a solution with FTX, the crypto exchange engulfed in a liquidity crisis. Sun said, “Further to my announcement to stand behind all Tron token (#TRX, #BTT, #JST, #SUN, #HT) holders on FTX, we are putting together a solution together with #FTX to initiate a pathway forward.” FTX’s CEO Sam Bankman-Fried retweeted the post — his first action on Twitter since he announced that Binance had agreed to acquire the embattled exchange. That proposal fell apart earlier today, with Binance stating that FTX’s issues are beyond its control. The Tron founder was recently rumored to have quietly masterminded the acquisition of crypto exchange Huobi.
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