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Justin Sun stored USDD reserves at HTX for proof-of-reserves

HTX has been including ‘collateral’ for the USDD algorithmic stablecoin in its reports, raising concerns about solvency.

Justin Sun’s Poloniex added to UK regulator warning list

Crypto exchange Poloniex has been added to the FCA’s naughty list after a string of curious hacks on Justin Sun’s entities.

Rumors are circulating that Justin Sun might be in the process of his final exit while many wallets associated with him have been hacked.

The Poloniex hacker took off with more than $100M in crypto and has been offered $6M if they return the assets.

USDT that customers once held on Huobi is now daisy-chained into JustLend, a ‘decentralized’ lending protocol dominated by Sun.