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Justin Sun-advised HTX plays games with its reserves

HTX is deeply connected to controversial crypto entrepreneur Justin Sun, and its activities raise concerns about his control of user assets.

Justin Sun in no hurry to tell China about HTX hack

While Justin Sun quickly took to X to discuss the $8 million HTX hack, news of the loss was left to trickle into China through foreign media.

Justin Sun is one of the most important people in crypto so why is it so difficult to determine exactly how wealthy he is?

Around 99% of stUSDT is controlled by Justin Sun and Justin Sun-connected entities such as Huobi, despite lacking the promised DAO.

Poloniex’s promised proof-of-reserves is still missing as it refuses to disclose the backing for WBTC on Tron.