Update: Tron’s Justin Sun has now publicly come out to claim that he is merely an advisor on Huobi’s Board and did not purchase the exchange’s majority stake. In doing so, he called the original report ‘wrong.’ A new report released by popular journalist Colin Wu has claimed that Tron founder Justin Sun and FTX’s […]
: Tron’s Justin Sun has now publicly come out to claim that he is merely an advisor on Huobi’s Board and did not purchase the exchange’s majority stake. In doing so, he called the original report ‘wrong.’
Here, it is important to note that the buyout vehicle is managed by About Capital and the fund itself may have different investors who pooled in investments for the purpose of the acquisition.that Justin Sun is the “core investor” in this buyout. Sun was reportedly present at the delivery site on the day of the buyout.
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