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Justin Sun accuses brother of Huobi founder of fraud

by Vaibhav
May 16, 2023
in News
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Justin Sun confesses to buying Huobi
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  • Sun Claims Li Wei Purchased Tokens at Zero Cost
  • And then sold and made a huge profit
  • The HT DAO community will ask Li Wei to return the profits
  • All his tokens will be burned

Huobi CEO and Tron founder Justin Sun has filed allegations against Huobi founder’s brother Li Wei. He claims that Wei purchased the native Huobi (HT) token at zero price and sold it for a huge amount of cash.

See also  Florida Restricts U.S. And Foreign CBDC Use: Governor Signs Bill

李林弟弟李伟,多次通过不正常手段大量获取零成本HT,历史上多次在火币平台内进行抛售,巨额提现,不仅玷污了李林在国内多年累声誉,损害了HT社区每一个人的利益,经火币全球顾问委员会,HT DAO社区决议 ,对于李伟零成本获取的HT进行追缴,销毁,HT销毁将在HT社区公示。对于此类行为,绝不姑息。

— HE Justin Sun 孙宇晨 (@justinsuntron) May 16, 2023

“Li Li Lin’s brother, Li Wei, repeatedly bought a large amount of HT at zero value through anomalous means and sold them on the Firecoin platform. He not only tarnished his brother’s reputation, but also harmed all members of the HT community.”

We plan to engage with Li Wei to negotiate a refund and arrange for the destruction of his remaining HT tokens. This action is not only a matter of justice but also serves the best interests of everyone in the HT DAO community.

— HE Justin Sun 孙宇晨 (@justinsuntron) May 16, 2023

“We plan to work with Li Wei to negotiate a refund and arrange for the destruction of his remaining HT tokens. This action is not only a matter of justice, but also serves the best interests of all members of the HT DAO community.”

The HT token is currently trading at $2.96. Over the past 24 hours, it has grown by 3%:

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