Justin Sun, the shadow owner of Huobi Global’s Chinese crypto exchange, Huobi Global, stated on Thursday that they plan to lay off approximately 20% of their staff. Huobi’s native cryptocurrency price has dropped by approximately 12% since this announcement. Data shows that Justin Sun is moving large amounts of funds.
CoinGape’s first article, Around $150 Million Exchanged between Justin Sun and Binance Amid Huobi Fud appeared first on CoinGape.