TechFlow reports on February 5, Li Lin, founder of Huobi, responded to recent statements made by Justin Sun regarding the HTX handover process and its financial status.
The response stated that during the HTX handover in October 2022, there was a disagreement between both parties over the method of calculating user assets. The alleged "30 million USD funding gap" mentioned by Justin Sun actually stemmed from margin trading liquidations caused by extreme market conditions, which had already been settled using company revenues. The handover agreement is governed by Hong Kong law, and Li Lin expressed willingness to resolve disputes through Hong Kong courts or a third-party arbitration body, rather than engaging in unilateral public accusations on social media.
