HTX withdraws $570M from Aave, briefly spikes lending rates
Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol.
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Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol.
— HTX, Justin Sun
HTX has registered one of its wallets under the "Sun" username for a special dinner that Donald Trump is hosting for $TRUMP investors.
Justin Sun and Li Lin's years-long dispute has spilled onto X, with Sun claiming that HTX/Huobi had a $30 million hole when it was purchased.
— HTX, Justin Sun
The Justin Sun-advised crypto exchange received $500M USDT from Tether that it distributed to a variety of other addresses.
— HTX, Justin Sun
Justin Sun-advised HTX has redeemed thousands of wrapped bitcoin (WBTC), despite having no WBTC included in its proof-of-reserves.
— HTX, Justin Sun
Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves.
Justin Sun denied that a picture of him at his birthday party with seven fingers and grammatically incorrect birthday cakes was AI-generated.
HTX is deeply connected to controversial crypto entrepreneur Justin Sun, and its activities raise concerns about his control of user assets.
Justin Sun took to X to brag that he personally controlled 28,613 bitcoin on HTX, significantly more than HTX had in its last disclosure.
— HTX, Justin Sun
HTX has been including 'collateral' for the USDD algorithmic stablecoin in its reports, raising concerns about solvency.