Tron CEO Justin Sun adds his voice to the growing chorus of crypto bosses eyeing FTX’s assets after the exchange filed for bankruptcy in Nov. 2022.
Speaking with reporters, Sun confirmed that several associates were investigating FTX’s assets but admitted that it could be some time before they are auctioned off.
Justin Sun joins Garlinghouse in bid to acquire assets
Justin Sun becomes the second crypto CEO interested in the assets of Sam Bankman-Fried’s defunct FTX crypto empire. Before FTX filed for bankruptcy on Nov. 11, 2022, Ripple CEO Brad Garlinghouse was interested in buying FTX’s stakes in other companies and its institution-facing business. He later admitted that FTX’s bankruptcy filing would complicate the acquisition process.
Ripple also has extended job offers to former FTX employees, provided they didn’t work in compliance, finance, or ethics.
Before filing for bankruptcy, FTX signed an agreement…