Justin Sun confirms 20% staff cuts at Huobi amid insolvency rumors
Rumors have been swirling about Huobi’s insolvency and employee cuts. Now, advisor Justin Sun confirms 20% of staff will be let go.
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Is Justin Sun’s huge Huobi stash linked to $3 billion buyout?
Sun has repeatedly denied that FTX chief Sam Bankman-Fried provided him the backing he needed to take over Huobi.
Ex Huobi manager accused of insider trading, netting millions in Tether
Chen Boliang is accused of accessing Huobi’s systems to fraudulently create a $20 million credit line with an account set up in his father’s name.
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