Huobi and Tron DAO team has made the following statements to TRON and HT communities, after the FTX liquidity crunch.

The recent asset security concerns caused by the FTX platform are shocking.

Brother Sun sees it in his eyes and hurts in his heart. This matter has also expanded from the FTX platform to a disaster for the industry, and will even affect the entire industry in the future, as well as the outside world’s views on us.

Industry perceptions of integrity and transparency.

TRON DAO, myself, and the Huobi platform have received a large number of voices from TRX, BTT, JST, SUN, and HT holders who want to withdraw funds on the FTX platform. My team and I are very sad when we see the situation so far.

This has become a pivotal moment when none of us can stay out of it.

A speck of ashes of the times, falling on the head of ordinary people, is a mountain.

Yes, in the currency circle, each of us is an ordinary person. If the industry is in trouble, everyone should contribute their own strength.

Ordinary people can also warm up in a group, give each other warmth, and rely on each other’s meager strength, self-help is the way out.

Therefore, after careful consideration, we have decided that we will adopt a permanent 1:1 rigid acceptance of all TRX, BTT, JST, SUN, HT tokens on the FTX platform.

All you need to do is fill in the form and your Huobi account, and we will coordinate with the FTX platform on the withdrawal of TRX, BTT, JST, SUN, and HT tokens based on this.

That is to say, no matter how the situation develops, TRON DAO and Huobi will do their best to complete the 1:1 rigid redemption of TRX, BTT, JST, SUN, and HT on the FTX platform.

The TRX, BTT, JST, SUN, and HT of the FTX platform were not before, are not now, and cannot be “Happy Beans” in the future, and the situation of “Happy Beans” will never happen.

This decision is an attempt for the industry to save itself.

Based on the responsibility for the rights and interests of the holders of TRX, BTT, JST, SUN, and HT, we will always give maximum support and assistance to the FTX platform, and we also wholeheartedly support it.

Due diligence, investment, and possible future acquisition of FTX exchange by Binance.

Our starting point is always to keep warm and help the industry save itself.

We will keep an eye on the development of the situation at any time.

We reiterate that ensuring the rights and interests of TRX, BTT, JST, SUN, and HT token holders will always be our highest code of conduct, and we will do our best to maintain TRON tokens.

The holder’s rights, no matter where on the earth, no matter what force majeure factors occur, no matter what the desperate moment, when your currency holding rights are in danger, never forget that behind your TRON ecology there is a strong and responsible person and will do everything in your power to protect your team. ”

Community first, users first”, this is the highest principle of our TRON and Huobi team culture.

The purpose of this decision is to protect the asset security of TRON token holders.

Huobi and TRON DAO reserve the right of final interpretation.