Justin Sun Takes Over Huobi Global Crypto Exchange

Tron founder Justin SUN takes over Huobi Global crypto exchange. Former Huobi CEO Zhu Hua, CFO Zhang Li, and other senior executives have voluntarily resigned, as per sources.

In October, Huobi Global announced Justin Sun as an advisor to the international strategic advisory board among other notables from the crypto and blockchain industry. According to a November 15 tweet by wublockchain12, the team of Tron founder Justin Sun has officially taken control of the Huobi cryptocurrency exchange business.

Huobi previously announced that founder Leon Li has sold his entire controlling stake to Hong Kong-based About Capital Management. Justin Sun has also joined Huobi Global as a strategic advisor to guide the company's international expansion and capital injection to improve competitiveness. As of this writing, Huobi Token (HT) is trading at $4.72, down 4.64% in the last 24 hours, according to CoinMarketCap.

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