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Justin Sun Clarifies As Huobi Insolvency Rumors Spread
Aug 7, 2023
< 1 min read
by Coingape
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Over the last weekend between August 5-6, crypto exchange Huobi witnessed massive outflows worth $64 million amid rumors of Chinese authorities investigating its executives and the fears of possible insolvency. Amid the ongoing rumors, the total value locked (TVL) on the exchange dropped significantly to $2.5 billion, from $3.09 billion last month. There were rumors
The post Justin Sun Clarifies As Huobi Insolvency Rumors Spread appeared first on CoinGape.
