FX168 Financial News Agency (Hong Kong) reported that at least three senior executives of Huobi Exchange involved in human resources, R&D and finance were certified
After being taken away by Chinese police for investigation, major cryptocurrency media
CoinDesk Junjian published an analysis article warning that the fire will spread globally
Advisor Justin Sun is about to crash and accuse
Huobi has gone bankrupt, and even suggested that Sun Yuchen used Huobi as a personal piggy bank. The media publicly retracted the article over the weekend, emphasizing that the anonymous opinion article contained personal attacks. Although the article has been deleted, no apology has been made.
The title of the article published by CoinDesk directly points out "Justin Sun
Is it the next Dokwon or Sam Bankman-Fried? ", the two are Terra Luna and FTX
The founder of the exchange is now facing legal charges for the bank run. Setting such a headline will obviously cause serious damage to Justin Sun’s reputation.
The media has changed the title to "Withdrawing the commentary article about Justin Sun" and pointed out in the text that an anonymously written opinion article contained personal attacks on Tron CEO Justin Sun, which should not be published.
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CoinDesk editor-in-chief said: “Retraction is almost
Normally, if a story is inaccurate or doesn’t meet our standards, we simply and unapologetically correct the article, address the author or editor’s concerns, and move on.
He stressed: “However, in reviewing our opinion pages
Later, we found an anonymous article about Justin Sun that fell far short of these standards and we had to retract it. We firmly believe that the right to privacy of individuals should be protected.
We respectfully state that we are against name searches. Therefore, we allow anonymous sources and occasionally publish articles written under pseudonyms, but there is a
It’s a very important warning that we don’t launch blatant personal attacks on others.”
“Anyone, whether it’s the CEO of a large blockchain
Whether it is unknown to the public, everyone should know who is like
“We are not in a position to attack their character in a public-facing media outlet like CoinDesk. Given the nature of the article violates this standard, we cannot simply correct the story and end it, we are removing the entire story,” the editor-in-chief added.
But other media still quote the article on the Internet
As for the undeleted content, the anonymous author quoted the news and wrote: "HuoBi executives are being questioned by Chinese police because the exchange has gone bankrupt and Sun Yuchen has sold the exchange to
Used as a personal piggy bank, is this a familiar scene? "
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He continued his criticism of Justin Sun: “In the case of Tron, even the former CTO said that the blockchain is centralized.
In fact, he showed that the TRON project is centralized.
Token distribution is centralized, super representatives are centralized, and code development is centralized. Worse still, Justin Sun appears to have his own set of Tron network management secrets.
keys and was found to be using them. So, this is Justin Sun’s Tron.”
He also mentioned that in Sun Yuchen’s crypto ecosystem, things may become more complicated because there are many different entities.
Exchanges such as Huobi and Poloniex can create
Speculative assets, and many different blockchains, such as
Tron and Echo Chain. Therefore, no matter which chain a token is issued on, once it enters or moves out of any of these blocks
Chain exchange, it actually becomes a linked asset.
The author also warned that if the Tron-linked
The USDT stablecoin has completely lost trust, and the situation will be serious. He mentioned: “In March, we
(Huobi Token) flash crash period felt this.
At the same time, Huobi Exchange anchored tokens HBTC and
HETH went completely insane and fell sharply at the same time. Now, correlation is not causation, and many people don’t notice this because the market of HBTC and HETH is very different.
The value is very small, and the total locked value (TVL) of Huobi’s ecological chain is also
Small, but you can feel the decentralized finance (DeFi)
The relevance of things.
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He concluded: “Sun Yuchen’s personality is very similar to SBF
It’s basically the same as Dokwon, and it might actually cause more liquidation than any of them imagine.”
It should be emphasized that this article has been published by CoinDesk
The paper was withdrawn publicly, and a notice stating the deletion of the article was included in the text.
Wu Blockchain reported in early August that several CTOs, CHOs and other senior executives of a certain exchange in China were recently investigated by the Chinese police. The charge was the crime of opening a casino. In addition,
Some exchanges have also been investigated, including the founder of a third-tier exchange, covering a wide range of areas. It may involve "providing fund payment and settlement services" for gaming websites and gaming programs.
Bitrace on-chain data research shows that in the past year, the number of hot wallet addresses directly transferred to or indirectly associated with mainstream trading platforms has increased significantly.
The online gambling funds have exceeded 7.6 billion USDT stablecoins.
According to Techub News, the fire must have killed at least one high-ranking
The Chinese police took away a number of managers for investigation, involving human resources, R&D, and finance. Some employees said they received an urgent notice asking them to leave the country as soon as possible.