Cryptocurrency exchange Huobi is having a hard time with rumors that it is laying off staff and shutting down internal communications.
One of the challenging processes of the crypto industry is FUD environments. Many crypto projects are working hard to combat FUD attacks. With the effect of the bear market, the crypto community is on top of all the bad events that can happen. Between these effects, Huobi is struggling with the recent wave of layoffs and FUD that shut down internal communications.
Huobi Advisor Justin Sun Addresses So-called Bankruptcy Rumors
Cryptocurrency exchange Huobi has been on the agenda with bankruptcy claims based on several rumors. These rumors were that the exchange was laying off staff and starting to shut down internal operations. However, Huobi advisors quickly denied all these rumors.
On the other hand, Huobi consultant Justin Sun touched on this agenda on the social media platform Twitter. Addressing the bankruptcy rumors, Sun stated that Huobi’s business operations are efficient and the security of user assets is always protected.
Sun added that he will respect the legal requests of Huobi employees who want to quit their job.
17371
