Leaked SBF Letter To Employee Revealed Trying To Resolve With Justin Sun

In a leaked letter from SBF to employees, it revealed FTX will attempt to raise a funding round in theory next week, and is currently in talks with Justin Sun to find a solution to the current crisis.

On November 10, according to a letter from FTX founder Sam Bankman-Fried (SBF) to internal employees leaked by major crypto firm V Cobie on Twitter.

In it, SBF said that FTX is still likely to raise funds in theory and priority next week. As for Binance, there seems to be no hope of an acquisition. He is currently in talks with Justin Sun as a potential sponsor to be able to solve the current crisis.

Will Justin Sun cooperate with FTX and have enough strength to save the situation? Earlier, Justin Sun also said on Twitter that he is working with FTX to come up with a solution to the liquidity crisis, SBF retweeted this tweet, this seems to imply the possibility of further cooperation between the two parties in the future.

As updated in an earlier Coincu News article, Huobi and TRON DAO also announced that even if FTX withdrawals are not possible, Huobi And TRON DAO will exchange all TRX, BTT, JST, SUN tokens , HT on FTX platform with 1:1 ratio.

The purpose of this decision is to protect the asset security of TRON token holders and the final right of interpretation belongs to Huobi and TRON DAO.

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