Justin Sun Says Huobi Is Working With FTX On A Solution

November 10, 2022

Hours after Binance announced not to move ahead with the FTX deal, Justin Sun tweeted his team is “putting together a solution” with FTX for all TRON holders.

Justin Sun did not provide any specific details but said his team "has been working around the clock to avoid further deterioration.”

FTX head Sam Bankman-Fried retweeted Justin Sun’s tweet.

As of writing, TRX trading has been resumed on FTX.

“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,” Sun tweeted.

SBF shocked the industry this week when SBF revealed they are facing a liquidity crunch.

At the time of writing, the global crypto market cap is at $836.30 billion, and FTT is trading at $2.40.