Bitcoin24h $96,412.73-2.04%

Ethereum24h $2,685.45-2.65%

XRP24h $2.58-2.98%

BNB24h $655.83+0.38%

Solana24h $171.01-2.75%

Dogecoin24h $0.2439-3.60%

Cardano24h $0.7662-4.01%

TRON24h $0.2379-4.91%

Chainlink24h $17.49-4.52%

Sui24h $3.35-4.41%

Justin Sun keeps fighting with Huobi founder Li Lin

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 receives $500M USDT infusion then sends it away

The Justin Sun-advised crypto exchange received $500M USDT from Tether that it distributed to a variety of other addresses.

HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.

Justin Sun-advised HTX has redeemed thousands of wrapped bitcoin (WBTC), despite having no WBTC included in its proof-of-reserves.

Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves.