UK sanctions HTX for alleged Russian sanctions violations
The UK FCDO has sanctioned Huobi Global over ties to two organisations which it had previously sanctioned over sanctions evasion concerns.
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Justin Sun keeps fighting with Huobi founder Li Lin
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.
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.
Where is Justin Sun’s money?
Justin Sun is one of the most important people in crypto so why is it so difficult to determine exactly how wealthy he is?
On-chain data shows Justin Sun controls virtually all stUSDT
Around 99% of stUSDT is controlled by Justin Sun and Justin Sun-connected entities such as Huobi, despite lacking the promised DAO.
Poloniex proof-of-reserves and WBTC backing missing
Poloniex's promised proof-of-reserves is still missing as it refuses to disclose the backing for WBTC on Tron.
— Huobi, Justin Sun
Justin Sun-advised Huobi controls 85% of ‘decentralized’ stUSDT
stUSDT, a form of staked tether invested in "real world assets" that pays yield to users, is highly centralized.
Justin Sun and Huobi play shell game with ownership
Justin Sun no longer does business as a Chinese citizen but he has been establishing firms in Hong Kong with his St. Kitts and Nevis identity.
Who really owns crypto exchange Huobi?
Justin Sun continues to deny any controlling ownership of Huobi, instead claiming that he's merely an investor who helps to run things.