Justin Sun Reveals SBF Sought Billions in Aid Before FTX Collapse

News Flash 2025-12-22 09:43

Tron founder Justin Sun disclosed in a CNBC interview that Sam Bankman-Fried (SBF) approached him for a multi-billion dollar rescue package before the collapse of FTX. The discussions involved a preliminary plan worth at least $1 billion, which would have allowed users to withdraw Tron-related tokens. However, just hours after the plan was announced, SBF lost control of the exchange, and the legal team that took over decided to shut down the platform entirely, leading to the abandonment of the rescue plan. Sun confirmed that there has been no further contact between the parties since then.

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