The FTX crisis continues to be on the agenda with the statements of many in the cryptocurrency space. Justin Sun, the founder of the TRON ecosystem, made a live broadcast about FTX. Here are Sun’s statements…
TRON inventor makes a statement
Justin Sun, who gave hope to the market with the explanations for the recovery of FTX, came to the agenda with his new statements. Speaking on a live broadcast, Sun explained that “it is in talks with FTX.” However, he stated that he “does not want anyone to have any expectations on this issue”. Sun explained that what needs to be done is to unite and protect the industry.
He also stated that they need time to do a full and complete research on FTX. Sun said that he did not have clear information about the deficit in FTX’s balance sheet. But, “I would say we’re talking about billions,” he said. There is no certainty that they will continue with the process, as they do not know what the net figure is. Sun used the following statements:
There are rumors of 4 billion dollars, 8 billion. First of all, I can say that we will take care of our own users. Frankly, we don’t want to jump headfirst.
In other words, Sun underlined that it is necessary to look at its financial statement in order to establish any partnership with FTX or to close its debts by purchasing the stock market. Sun also appreciated Binance CEO Changpeng Zhao’s courage to take the first step towards the issue. Sun stated that other cryptocurrency exchanges are also doing well. For this reason, he stated that even if FTX goes bankrupt, the industry will continue well.
The article is being updated, more to come…
