Bitcoin24h $105,963.90+3.50%

Ethereum24h $3,322.76+1.39%

XRP24h $3.17+1.11%

Solana24h $249.64+1.08%

BNB24h $691.42+0.98%

Dogecoin24h $0.3704+3.19%

Cardano24h $1.00-1.63%

TRON24h $0.2444+1.89%

Chainlink24h $26.60+4.81%

Avalanche24h $36.87+1.63%

Is HTX redeeming 80% of TrueUSD?

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 7,300 WBTC it did not disclose

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.

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.