Justin Sun’s Huobi Releases Scant Q1 Report, Raising Transparency Concerns By DailyCoin
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Justin Sun’s Huobi Releases Scant Q1 Report, Raising Transparency Concerns
- Huobi released data on the burn rate of the HT token.
- The report lacks crucial financial data, raising concerns about transparency.
- Justin Sun, the likely owner of Huobi, faces legal trouble with the SEC.
In the crypto space, transparency is the foundation of all trust. Despite this, there were notable omissions from Huobiâs latest Q1 financial report, leading to questions about the exchangeâs transparency as its owner, Justin Sun, faces legal troubles.
Huobi, one of the world’s largest crypto exchanges, released a report for the first quarter of 2023 on Saturday, April 15. The document was notably scant on crucial financial details.
Huobi Report Lacks Financial Data
While Huobiâs Q1 report gives information about token burns, it lacks basic data such as the firmâs revenue.
In the report, Huobi…
Continue Reading on DailyCoin
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Justin Sun’s Huobi Releases Scant Q1 Report, Raising Transparency Concerns
- Huobi released data on the burn rate of the HT token.
- The report lacks crucial financial data, raising concerns about transparency.
- Justin Sun, the likely owner of Huobi, faces legal trouble with the SEC.
In the crypto space, transparency is the foundation of all trust. Despite this, there were notable omissions from Huobiâs latest Q1 financial report, leading to questions about the exchangeâs transparency as its owner, Justin Sun, faces legal troubles.
Huobi, one of the world’s largest crypto exchanges, released a report for the first quarter of 2023 on Saturday, April 15. The document was notably scant on crucial financial details.
Huobi Report Lacks Financial Data
While Huobiâs Q1 report gives information about token burns, it lacks basic data such as the firmâs revenue.
In the report, Huobi…
Continue Reading on DailyCoin
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