TechFlow news — On January 6, Justin Sun, founder of TRON and member of Huobi Global's Advisory Board, posted multiple tweets addressing concerns regarding Huobi's asset security and compliance. He provided detailed explanations on aspects including asset storage methods, transparency, and regulatory compliance.
Justin Sun stated that Huobi, established in 2013, has become one of the world's well-known cryptocurrency exchanges. In terms of security, Huobi has implemented a series of measures to ensure the safety of users' funds. These include the use of cold storage, which helps prevent assets from being hacked or stolen by cybercriminals. In addition to offline storage, Huobi also employs multi-signature technology and reliable cloud computing to safeguard user assets, with multi-signature mechanisms effectively preventing unauthorized alterations.
Regarding transparency and compliance, Justin Sun emphasized that Huobi consistently complies with all relevant laws and regulations in the jurisdictions where it operates, and regularly undergoes third-party audits to ensure secure and compliant operations. Additionally, Huobi has an internal dedicated team responsible for handling matters related to user assets.
In conclusion, Justin Sun stressed that Huobi is an exchange that prioritizes security, transparency, and regulatory compliance.
