Tron founder Justin Sun and his team are creating a solution with the controversial crypto exchange FTX to initiate a pathway forward in the current market situation.
Justin Sun’s revelation comes after Binance called off its plans to acquire FTX due to reports regarding mishandled customer funds and alleged US agency investigations against FTX.
Tron’s TRX, BTT, JST, SUN, and HT tokens have resumed trading in the FTX exchange as of now, and the team is currently working on the withdrawal function.
FTX CEO Sam Bankman Fried, aka SBF, retweeted Justin Sun’s tweet but has remained silent since yesterday when he announced Binance might take over FTX.
Justin Sun tweeted, “This is only the initial step taken towards a wholistic solution that is being crafted to resuscitate and return to normalcy for all #FTX users. I greatly appreciate the collaborative work between @FTX_Official teams.”
The crypto community is going through mayhem amid the FTX and FTT collapse waiting for explanations from the exchange about how all these events unfolded.
Compiled by Coinbold