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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.

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 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.