Bitcoin (BTC) and in altcoins The decline in the country adversely affected both investors and crypto companies.
Popular cryptocurrency, this time after FTX founder Sam Bankman Fried of Tron (TRX) founder Justin Sun also said he is ready to help crypto companies in distress.
The Twitter account named “Nansen Intern” posted a picture of Justin Sun in his post. “Everyone’s eyes are on Sam and CZ for the acquisition of certain companies. But they forget that His Highness has unlimited money.” said.
Quoting this post TRX founder Justin Sun said:
“We are friends with everyone and always ready to serve.”
We are friends with everyone and are always ready to serve. https://t.co/WBXwG5GDqL
— HE Justin Sun 🅣🌞🇬🇩 (@justinsuntron) July 8, 2022
According to The Block’s report, Justin Sun is in distress. cryptocurrency He said he was ready to support his companies and could spend up to $5 billion on acquisitions.
Speaking to The Block, Sun said: crypto- He stated that he is ready to serve for the development of the sector.
“We are actively looking into it and looking at what we can do. We are prepared to spend billions of dollars helping industry founders continue to build.”
When asked how many companies applied to Sun, who stated that he wanted to participate in the charity campaign, the number was like Binance. Tron He said it’s the same for him.
Binance said that 50 to 100 crypto companies have reached them.
When asked whether he or Tron would provide the $5 billion figure, Sun said it would be a mix of the two.
Stating that both he and Tron are targeting crypto companies that are doing well, as well as companies in trouble, Sun added that they will go through a due diligence process before making any deals.