{"id":76591,"date":"2023-04-03T12:23:29","date_gmt":"2023-04-03T09:23:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76591"},"modified":"2025-09-10T18:16:55","modified_gmt":"2025-09-10T15:16:55","slug":"justin-sun-denies-reports-of-stake-sale-in-huobi","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/justin-sun-denies-reports-of-stake-sale-in-huobi\/","title":{"rendered":"Justin Sun denies reports of stake sale in Huobi"},"content":{"rendered":"<p>Tron founder Justin Sun called the report of selling a stake in the cryptocurrency exchange Huobi an &#8216;April Fool&#8217;s prank&#8217;. <a href=\\\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-01\/justin-sun-is-said-to-have-discussed-stake-sale-in-huobi-global?sref=AACmJ2tc\\\">Bloomberg<\/a> had previously reported this, citing a source.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">As much as I love a good April Fool\u2019s Day prank, I must deny the report that <a href=\\\"https:\/\/twitter.com\/HuobiGlobal?ref_src=twsrc%5Etfw\\\">@HuobiGlobal<\/a> 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. \u2764\ufe0f<\/p>\n<p>\u2014 H.E. Justin Sun \u5b59\u5b87\u6668 (@justinsuntron) <a href=\\\"https:\/\/twitter.com\/justinsuntron\/status\/1642073058839261184?ref_src=twsrc%5Etfw\\\">April 1, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>Be assured that Huobi is committed to providing its users with a safe, reliable and innovative platform for trading and investing in cryptocurrency,<\/p>\n<\/blockquote>\n<p>Bloomberg&#8217;s source did not name any potential investors or the valuation of the stake. According to him, negotiations were allegedly at an early stage.<\/p>\n<p>In October 2022, Huobi agreed to <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-global-agrees-to-sell-controlling-stake-to-hong-kong-based-about-capital-management\">the sale of a controlling stake<\/a> in the Hong Kong-based investment company About Capital Management. The parties did not disclose the financial terms of the deal.<\/p>\n<p>According to media reports, the ultimate beneficiary of the purchase was <a href=\"https:\/\/u1f987.com\/en\/news\/media-outlets-name-justin-sun-as-huobi-buyer-tron-founder-denies-rumours\">Sun<\/a>. The entrepreneur denied these statements, explaining that he had become a member of the exchange&#8217;s advisory board. He also admitted that he is a <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-token-climbs-85-in-a-week-as-justin-sun-reveals-a-large-ht-stake\">major holder of HT<\/a>.<\/p>\n<p>In November, Huobi <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-cryptocurrency-exchange-announces-rebranding\">announced a rebranding<\/a>, which resulted in dropping the official name Huobi Global.<\/p>\n<p>The platform also <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-denies-possible-merger-with-poloniex\">denied rumors<\/a> of a possible merger with Poloniex, <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-signs-strategic-partnership-with-poloniex\">entering into a strategic partnership<\/a> with the exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tron founder Justin Sun called the report of selling a stake in the cryptocurrency exchange Huobi an &#8216;April Fool&#8217;s prank&#8217;. Bloomberg had previously reported this, citing a source.<\/p>\n","protected":false},"author":1,"featured_media":76592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,230,1302],"class_list":["post-76591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-huobi","tag-justin-sun"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=76591"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76591\/revisions"}],"predecessor-version":[{"id":76593,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76591\/revisions\/76593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76592"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}