The US Securities and Exchange Commission (SEC) filed a lawsuit against the head of the Huobi crypto exchange and the founder of the TRON blockchain, Justin Sun, and sent a notice to Coinbase officially announcing the regulator’s plans to file a lawsuit against this exchange. The SEC has charged Justin Sun and his three companies...
Huobi
Post
The Head of Huobi Explained the Collapse of the Exchange Token by 93% by “Market Behavior”
The head of the Huobi crypto exchange, Justin Sun, explained the collapse of the exchange rate of the native token HT exchange by 93% with “market behavior”. On the night of March 9-10, the cryptocurrency fell in price from $4.6 to $0.31 in ten minutes, after which it recovered to $3.87. According to CoinGecko, the...