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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’s HTX redeems $500M in WBTC it wasn’t supposed to have

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.