Justin Sun and TRON DAO Ready to Spend Billions to Save Crypto IndustryOn Friday (July 8), Chinese entrepreneur Justin Sun, who founded TRON Foundation (which announced on January 5 that it had restructured as TRON DAO), said that he and TRON were ready to spend up to $5 billion to help out select beleaguered crypto businesses. Sun, who retired as a CEO of TRON in December 2021 to become the Permanent Representative of Grenada to the WTO, is also the CEO of Rainberry, Inc. (which was formerly known as BitTorrent, Inc.).
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