• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, July 8, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

Crypto entrepreneur Sun looking to purchase FTX’s subsidiaries

by Indrajeet Giram
December 1, 2022
in Bitcoin, Blockchain, Business, Crypto, Crypto Exchanges, Crypto Regulation, Ethereum, Markets, Price Analysis, Stories, World
Reading Time: 2 mins read
0
Crypto entrepreneur Sun looking to purchase FTX’s subsidiaries

Crypto entrepreneur Sun looking to purchase FTX’s subsidiaries

TwitterWhatsappLinkedin

The bankrupt cryptocurrency platform FTX is one of 134 companies of the FTX Group of Companies. These companies will possibly witness a ray of hope with the investment of some new investors involved in some companies of the FTX group.

You might also like

Digital Finance Surge: X Launches Trading, Polygon Revamps, Bitcoin Core Expands Data Capability

Oracle Offers Steep Discounts to US Government as Stock Hits New Highs

Vaibhav Taneja: The Indian-Origin Tesla CFO Chosen by Elon Musk as Treasurer for America Party

As per a recent interview with Reuters with Justin Sun. The crypto entrepreneur Sun proposed his interest in some companies of the FTX group and he will be waiting for the bankruptcy proceedings of the FTX platform to be complete in the US before getting involved in the investment process of the FTX Group of Companies.

Crypto entrepreneur Sun looking to purchase FTX’s subsidiaries
source : cryptobriefing.com

The Cryptopreneurs Sun further in the interview mentioned that FTX group’s subsidiary company, the FTX venture capital firm is considered an asset worth investing and he is likely to invest in this company after the completion of bankruptcy proceedings of FTX in the US.

In Wednesday’s interview with Reuters Sun mentioned that Sun’s company is going through all the companies in the portfolio of the FTX group and they are evaluating all these subsidiary companies of the FTX group one by one and they will act on the investment option after the bankruptcy proceeding in the US will be completed. Although Sun showcased his interest in investing in some of the companies in the FTX group he did not specifically mention any company particularly, in which he is thinking to invest soon.

Who is Justin Sun?

Justin Sun is a famous business executive and Crypto entrepreneur from China. Sun is the founder of a Blockchain Technology backed decentralization Autonomous organization (DAO) called Tron in the year 2017. Justin soon is also a permanent Representative at the World Trade Organisation for the West Indies island country Grenada.

In the year 2011, The Chinese origin Justin Sun became the cover figure of Yazhou Zhoukan. After this achievement, Sun also become the Global youth leader of Davos in 2014. Justin Sun What was also named to Forbes 30 under 30 list from the year 2015 to 2017 from China. 

Justin Sun made a huge amount of profit from his initial coin offering of the cryptocurrency token TRN. Sun was able to make a huge amount of profits from these investments because of the hype of cryptocurrency in 2017. Although Sun was successful in listing the cryptocurrency Tron token in China soon Chinese government banned these cryptocurrencies in China and so Sun had to leave china and has been working through the Caribbean And West Indies islands country Grenada.  

Justin soon was also in news in 2019 for winning a record-breaking deal for having the opportunity to have a private lunch with CEO of Berkshire Hathaway Warren Buffet. Sun won this deal at approximately $4.6 million. 

 

Tags: #Crypto#Justin SunbitcoincryptocurrencyElon MuskentrepreneurshipInvestmentMarketsMicrosoftTron
Tweet54SendShare15
Previous Post

Telegram to build a decentralized crypto exchange and wallet

Next Post

Apple’s App Store policies are not ‘sustainable or good place to be’, says Zuckerberg

Indrajeet Giram

📚 Avid reader 🔋constant learner curious analyzer @ everything 📝Business & Economic Journalist ✍️

Recommended For You

Digital Finance Surge: X Launches Trading, Polygon Revamps, Bitcoin Core Expands Data Capability

by Anindya Paul
July 8, 2025
0
Digital

With large improvements from Elon Musk's X, Polygon and Bitcoin Core it is clear the digital asset sector is at a major tipping point this month. X with...

Read more

Oracle Offers Steep Discounts to US Government as Stock Hits New Highs

by Rounak Majumdar
July 7, 2025
0
Oracle Offers Steep Discounts to US Government as Stock Hits New Highs

Oracle has entered into a significant agreement with the US General Services Administration (GSA), offering federal agencies a 75% discount on its license-based software and substantial reductions on...

Read more

Vaibhav Taneja: The Indian-Origin Tesla CFO Chosen by Elon Musk as Treasurer for America Party

by Rounak Majumdar
July 7, 2025
0
Vaibhav Taneja: The Indian-Origin Tesla CFO Chosen by Elon Musk as Treasurer for America Party

Vaibhav Taneja’s story is a testament to the power of discipline and expertise quietly shaping global boardrooms. Born and raised in Delhi in 1977, Taneja’s academic path began...

Read more
Next Post
Zuckerberg stands alongside Meta banner

Apple’s App Store policies are not ‘sustainable or good place to be’, says Zuckerberg

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?