“I could just offer to acquire TikTok”: Tron founder Justin Sun

Cover image via Yo today

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Founder of Tron and Crypto billionaire Justin Sun He took to his official account on social media platform

Justin Sun says he could offer to buy TikTok

As reported earlier by mainstream media, Chinese authorities are now considering the option of selling TikTok US to tech mogul Elon Musk who already owns X - a platform that is very popular with the global cryptocurrency community and fans of other industries, memes, etc.

Justin Sun commented on a post by DaoKwonDo user X that it is surprising but no one in the cryptocurrency space has come forward to buy TikTok. “This would be a powerful move,” he said on Twitter, adding: “We can either get someone like Justin Sun from Tron or a group of whales together to make this happen.” “This will be a huge leap for cryptocurrencies in many ways,” the user believes.

For example, a less positive change that might happen in this case is that cryptocurrency content will stop being censored on this platform and will be disseminated more widely than now. However, many criticize this social media video app for low-quality content and would be happy if it was shut down in the US.

Sun quoted this tweet and replied: “Well, I can just offer to take over TikTok, and everything will be resolved.”

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TikTok could be shut down in the US on Sunday

Earlier today, angel investor and Bitcoin investor Anthony Pompliano tweeted that TikTok on Sunday would shut down its apps in the US unless the Supreme Court acts. Currently, the court is considering arguments regarding the law that forces TikTok's parent company ByteDance in China to either sell its American subsidiary or ban it in the United States.

Pompliano (widely known as Pomp on social media) launched the X Poll to pick the community's opinion on which option they think is most likely to happen. 49.8% believe TikTok apps will not be shut down in the US. 36.4% believe this will happen. Fewer than 2,000 people have participated in the survey so far.



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