Bloomberg claimed that Justin Sun bought a $1 billion share of Huobi last year and is trying to sell those shares due to the stock market’s falling trading volume.
Today, a bombshell news fell on the agenda by Bloomberg. Bloomberg made a sensational claim about the relationship between Justin Sun and Huobi.
According to this claim, Justin Sun wants to dispose of his Huobi shares due to the decrease in Huobi’s trading volume. Sun had previously stated that he is only Huobi’s “advisor” and does not hold any Huobi shares.
Justin Sun Denies Huobi Claims
Bloomberg made a sensational claim about Tron founder and Huobi advisor Justin Sun. The claim that Sun wanted to dispose of the 1 billion dollar Huobi shares he held was denied by Sun.
As much as I love a good April Fool's Day prank, I must deny the report that @HuobiGlobal is seeking a stake buyer. Rest assured, Huobi is committed to providing our users with a safe, reliable, and innovative platform for trading and investing in cryptocurrency. ❤️
— H.E. Justin Sun 孙宇晨 (@justinsuntron) April 1, 2023
Bloomberg stated that Justin Sun bought Huobi shares in the past years and is trying to sell it due to falling trading volumes. The news was based on an unknown source. Bloomberg, based on his confidential source, stated that Sun has started negotiations with potential buyers. Also, Bloomberg touched on the mystery and secrecy of Sun’s role in Huobi.
In his post on Twitter, Sun made an April 1 reference to the Huobi news about him. The Tron founder and Huobi advisor stated that Huobi is not looking for a share buyer and trading operations are proceeding smoothly.
The Tron founder, who is an advisor to crypto exchange Huobi, was recently investigated by US regulators.
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