Huobi crypto exchange facing difficulties?
1 min read
There have been rumors swirling about potential financial difficulties at Huobi, a cryptocurrency exchange with which Justin Sun is affiliated. These rumors were exacerbated by the fact that Huobi China fired and rehired its staff to Huobi Global and laid off a large number of employees, while also canceling bonuses. Adding to the speculation, Sun withdrew $1.1 billion from various exchanges in December and more recently received $200 million from