Bitcoin
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$64,595.00 1.6141
Bitcoin price
Ethereum
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$3,090.82 0.95257
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BNB
BNB (BNB)
$560.01 1.8075
BNB price
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$146.78 5.53122
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$0.5024710 0.3906
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$0.0000230 1.35799
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$0.0000052 2.90069
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$0.0000152 4.04337
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Bitcoin
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$64,595.00 1.6141
Bitcoin price
Ethereum
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$3,090.82 0.95257
Ethereum price
BNB
BNB (BNB)
$560.01 1.8075
BNB price
Solana
Solana (SOL)
$146.78 5.53122
Solana price
XRP
XRP (XRP)
$0.5024710 0.3906
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000230 1.35799
Shiba Inu price
Pepe
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$0.0000052 2.90069
Pepe price
Bonk
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$0.0000152 4.04337
Bonk price
Bitcoin
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$64,595.00 1.6141
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Ethereum
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$3,090.82 0.95257
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BNB
BNB (BNB)
$560.01 1.8075
BNB price
Solana
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$146.78 5.53122
Solana price
XRP
XRP (XRP)
$0.5024710 0.3906
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000230 1.35799
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000052 2.90069
Pepe price
Bonk
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$0.0000152 4.04337
Bonk price
Bitcoin
Bitcoin (BTC)
$64,595.00 1.6141
Bitcoin price
Ethereum
Ethereum (ETH)
$3,090.82 0.95257
Ethereum price
BNB
BNB (BNB)
$560.01 1.8075
BNB price
Solana
Solana (SOL)
$146.78 5.53122
Solana price
XRP
XRP (XRP)
$0.5024710 0.3906
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000230 1.35799
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000052 2.90069
Pepe price
Bonk
Bonk (BONK)
$0.0000152 4.04337
Bonk price
SirWin
SirWin
SirWin

Justin Sun rumored to be selling his Huobi shares

justin-sun-rumored-to-be-selling-his-huobi-exchange-shares
Edited by
News
Justin Sun rumored to be selling his Huobi shares

Sources have it that Justin Sun, the inventor of Tron, is in talks to sell some of his holdings in Huobi Global, a crypto exchange.

Last year, Justin Sun paid $1b for the crypto exchange after Hong Kong-based investment company About Capital, managed by Leon Li, the exchange’s creator and primary shareholder bought it out.

Justin Sun disputes selling his Huobi Global stock

According to a source with intimate knowledge of the situation who spoke with Bloomberg, Justin Sun has talked with possible investors about selling a stake in Huobi Global.

A Huobi Global global advisory board member said Justin Sun had contacted investors about selling some of their shares. Notwithstanding Justin Sun’s denials that he has any ownership interests in Huobi, he has contributed approximately $200m to the exchange’s support since January.

On the other hand, Justin Sun denied that he had ever discussed selling a stake in Huobi Global and labeled the article as an April 1 joke.

He also stated that the business is devoted to delivering secure crypto trading and investment and has yet to make plans to look for a new owner.

Despite Justin Sun’s purchase, Huobi’s trading volume is still declining. The crypto exchange’s trading volume dropped below the top ten in the past twenty-four hours. 

SEC accuses Justin of breaking securities laws

In March, the United States Securities and Exchange Commission (SEC) accused Justin Sun of breaking securities laws. He also is charged with violating laws against fraud and market manipulation. He claims the action “lacks validity ” nonetheless and will keep constructing a decentralized banking system. He also criticized the SEC for failing to introduce transparent regulatory regulations and rules of conduct.

Huobi announced a strategic alliance with Gala Games for web3 and layer-1 development to support the blockchain ecosystem this week.

The current price for Huobi Token (HT) is $3.66. Despite a general market recovery, the token price has been moving sideways for the past week.

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