Huobi, one of the world’s largest cryptocurrency exchanges, denied the allegations of bankruptcy and laying off 40% of its staff.
There have been a lot of rumors about Huobi around the cryptocurrency ecosystem lately. Some sources say that stock market personnel 40% of layoffs and Huobi advisory board member Justin Sun’s staff salaries Tether (USDT) and USD Coin (USDC) in terms of to pay offer claimed he did. A Huobi spokesperson reaching the Koin Bulletinsome of the allegations made while denying dismissal rates. openness brought.
According to DeFiLlama data, after the allegations, Huobi 24 total assets per hour to 2.9% corresponding 85 million dollar clear output seen. Net exit from the stock market in the last 7 days 135 million reached dollars. In addition, an institutional cryptocurrency exchange recently announced that it will withdraw all its funds from Huobi. After the developments, Huobi among social media users to bankruptcy TRUE drifted away claims quickly to spread started.
Linked with Huobi and Advisory board member Justin Sun following the news of the exit from the stock market BitTorrent (BTT), Tron (TRX), USDD (USDD), Houbi Token (HT), Just (JST), and Sun Token (SUN) in the last 24 hours value lost. Highest depreciation among tokens TRX with 7.7% while the lowest depreciation if 1.4% with HT it happened. Huobi’s native cryptocurrency HT in a day 9% depreciating 4.33 up to dollars after falling then again $4.75 to the level rose. the stablecoin of the TRON network USDD losing its stability during the day. for $0.97 until declined.
On-chain data, on the other hand, is a crypto borrowing protocol by Justin Sun. from JustLend 62 million USDT and 60 million USDC in total, including 122 million attracts dollars worth of assets, and 100 million TRC-20 USDT ERC-20 to USDT translated seen. Users are on social media that this move of Sun’s Huobi meet the exits He suggested that it might have been made for
Reply to All Fuds from Huobi
Huobi, on the other hand, sent a statement to the Koin Bulletin.allegations made about to some reply gave. Exchange, staff 40% of rumors that he’s going to quit his job the truth not reflect stressed. After the new shareholders took over the business, the statement said. Three months in the company downtrend reversed specified. On the other hand, the actual planned layoff rate 20% but your plan is now not implemented Noting that, Huobi is looking forward in the current bear market. a strong restructuring conveyed.
In the statement, Huobi Advisory Board Member Justin Sun’srecent work in the stock market positive to the side return, daily in the industry new user in the acquisition that they rose to number one and 390,000 new user Attention was drawn to the discourses about their gains. Exchange, in 2023 globally to compatibility more than ever importance will giveits users their rights and interests in accordance with local regulations to protect continue will expressed.
On the other hand, staff salaries USDT and USDC to a response to allegations of imposition of payment by place was not given.