Justin Sun Rejects Huobi’s Insolvency Rumors, Says the Exchange Will ‘Thrive’
"Tron and Huobi will thrive through continuous development," Sun predicted.
"Tron and Huobi will thrive through continuous development," Sun predicted.
Huobi Global is has been accused of wrongfully using the Huobi trademark without permission.
The city-state's securities watchdog had unveiled new plans to enable retail investor access to virtual assets platforms.
The SC ordered Huobi to cease all activities in Malaysia and requested local investors to withdraw assets and close accounts.
Justin Sun supposedly confirmed that Huobi has no exposure to Silvergate and Signature Bank.
Following the event, Justin Sun said that the focus will be to further improve the multi-currency liquidity of Huobi.
HT surpassed $6 hours after Justin Sun announced Huobi's intention to seal regulatory approval in Hong Kong.
The seizure was coordinated between Binance, Huobi, and Elliptic.
2023 has gotten off to a rather good start for the crypto market but not for Huobi.
Huobi Korea wants to be an independent exchange. It will buy all of its shares and rebrand to distance itself