A renowned crypto industry figure comes forward with allegations that the brother of Huobi’s founder has been aggressively picking up the exchange’s native token for free. And then dumping the hoardings at a profit.
Justin Sun, the founder of Tron (TRX) and a stakeholder in Huobi, the cryptocurrency exchange, claims that the brother of Huobi’s founder, Li Lin, acquired free quantities of Huboi’s native token (HT). Sun’s comments on the subject occupied a long Twitter thread on Tuesday.
Huobi Exploited?
LI Wei—the brother of Li Lin—is alleged to have acquired millions of Huobi Tokens “abnormally.” In the Twitter thread, Sun suggested that Li Wei had not made any real contributions to the Huobi community. And yet, Li Wei was able to acquire no small amount of wealth by repeatedly selling the tokens.
Some of Sun’s comments in the Twitter thread are very pointed. “Li Wei has not made any substantial contributions…
