61% of USDD collateral now in one vault — funded entirely by HTX
Justin Sun’s USDD is receiving most of its assets from HTX and is depositing them into new vaults launched without approval from a DAO.
Justin Sun’s USDD is receiving most of its assets from HTX and is depositing them into new vaults launched without approval from a DAO.
Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol.
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.
The Justin Sun-advised crypto exchange received $500M USDT from Tether that it distributed to a variety of other addresses.