![]() “I don’t have an exact number, but on our side we know the concept, and I think at this kind of level there is something on the table here,” Sun told Bloomberg TV in an interview on Friday. When asked whether Tron would have the funds to cover FTX’s financial shortfall, Sun said the firm is prepared to cover the loss once due diligence is done. Previous rescue talks with rival exchange Binance fell through on Wednesday, with Sun stepping in to hold discussions shortly after. (Bloomberg) - Tron is prepared to provide billions of dollars in aid to FTX.com should it go ahead with a deal to rescue the ailing cryptocurrency exchange, founder Justin Sun said.įTX is currently nursing a shortfall of as much as $8 billion, with its founder Sam Bankman-Fried telling investors on Wednesday that the business will require at least $4 billion in fresh funding to remain solvent.
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