Huobi monetizes FTX collapse with opaque debt token
Justin Sun’s Huobi has announced it will list the FTX User Debt (FUD) token issued by the DebtDAO, though details are sparse.
Justin Sun’s Huobi has announced it will list the FTX User Debt (FUD) token issued by the DebtDAO, though details are sparse.
Rumors have been swirling about Huobi’s insolvency and employee cuts. Now, advisor Justin Sun confirms 20% of staff will be let go.
According to an SEC filing, the cuts will leave Coinbase with around 5,000 remaining staff and will cost somewhere in the region of $40 million.
Justin Sun is a colorful character in crypto history to say the least. Here’s a timeline of his career, the good, bad, and ugly.
TRON’s Justin Sun likely paid less than $350,000 to secure his new citizenship in the Caribbean isle nation of Grenada.