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Justin Sun: Work Together to Maintain Industry Stability

By Simon LawsonNovember 12, 20221 Min Read
Justin Sun: Work Together to Maintain Industry Stability
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The official FTX exchange stated that it has reached an agreement with TRON, and holders of TRX, BTT, JST, SUN and HT will exchange assets from FTX to external wallets 1:1.

Previously, Justin Sun also stated that TRON and Huobi will keep their promises and rigidly accept TRON tokens and HT on the FTX platform at 1:1. Currently, the transactions of TRX, JST, SUN, BTT, and HT on FTX have all resumed.

Justin Sun, founder of TRON and member of the global advisory board of Huobi Global, said that FTX’s move is a small step for the stability of the cryptocurrency industry, but a big step for FXT and TRON users. Salute to the team that built Crypto Ark.

Some analysts of digital asset companies said that the cooperation between Justin Sun and FTX in a short period of time will obviously help restore the fragile confidence of the market at this stage. They will pay close attention to the specific operation of the follow-up cooperation mechanism between the two parties.

Related:  FTX Scandal Deepens: Sam Bankman-Fried's Right-Hand Man Nishad Singh to Plead Guilty to Fraud
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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