Just a few weeks ago, Justin Sun purchased Huobi, and ever since then, he has been quite active on Twitter, sharing information about significant developments that have occurred in the firm since he gained control. Today, for the first first time, Sun disclosed the whole amount that he spent to acquire the company.
Sun said that in order to purchase Huobi, he had to spend more than one billion dollars. During the course of making a Twitter thread regarding everything that has been going on in the business as of late, the creator of TRON made reference to this topic.
Justin Sun started out by saying:
As we all know, a big event has happened in the cryptocurrency sector. FTX exchange went bankrupt. Some people said that it was somehow Sun’s fault. As if any field he entered the market would immediately plummet and collapse.
Sun continued by saying that he had nothing to do with it and that he does not possess the necessary authority to attempt to remedy the situation. The activist said that he wants to discuss some of the most strong and most sensitive issues, as well as a subject that gets people angry and they can’t stop talking about.
Justin Sun talks USDD, financial security, reserve fund, asset auditing
Source: https://www.cryptopolitan.com/justin-sun-tells-how-much-he-spent-to-buy-huobi/