FTX Derivatives Exchange angst and Sam Bankman-Fried’s call for help could play an impressive role as Justin Sun, the founder of Tron blockchain, has revealed his intentions to bail out the company.

speaking in a interview with Tom Mackenzie of BloombergTV, Sun said it is ready to pump billions into FTX. While he noted that now is the time for the industry to come together and show solidarity, he said the supposed help will have to come after the full due diligence.

Of all the top leaders in the crypto space, Sun comes across as the main person who has identified with the Bankman-Fried plight. He disclosed plans to resume retreats for TRXSUN, HT and other tokens in the Tron ecosystem.

This is relatively rare help at a time when industry veterans are openly rescuing the beleaguered exchange. Binance, the biggest rival, was looking to acquire the trading platform and help it survive its current liquidity crisis. He withdrew from the deal after brief due diligence and indications that FTX may be under investigation by US regulators.

As Binance withdrawn, there has been no apparent help from the exchange to date, a move that has characterized the industry at large. FTX reportedly solicited help from obviously liquid entities like Tether Holdings Ltd, the blockchain firm that is in charge of issuing the USDT stablecoin.

What revealed in a tweet from the CTO of Tether, Paul Ardoinothe stablecoin firm denied $1 billion in aid from the Bankman-Fried-led exchange.

“Tether has no plans to invest or lend money to FTX/Alameda. Full stop,” Ardoino said in the tweet.

It’s unclear why Tether’s CTO took the hash stance, but it could be due to accusations that Bankman-Fried is always lobbying industry players and the legal hurdles Tether has faced among regulators now investigating FTX. .

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