Huobi Experiences $73.3 Million Net Outflow Amid Investigation Rumors

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Huobi Experiences $73.3 Million Net Outflow Amid Investigation Rumors
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ICYMI: Huobi sees $73.3 million net outflow in past week as investigation rumors swirl

Saturday, citing two sources familiar with the matter, that at least three Huobi executives were taken into custody by police in China for investigation.Sunday that Huobi is rumored to be “invited to tea” every year. The “drinking tea” phrase is widely used in China to describe situations where people are summoned by police or security officers for investigation.

“Faced with these baseless malicious attacks, I feel deeply worried. After some thought, perhaps this is the unavoidable thorny path we must tread upon as we journey back to the top three,” Xie said.“4” on Sunday, a commonly-used phrase in the crypto community — coined by Binance boss Changpeng Zhao — when faced with so-called FUD . Sun also retweeted Xie’s earlier post refusing the rumor.

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