is huobi going down ? | Bitcointalksearch.org

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Quote from: teramit on November 12, 2022, 10:10:00 PM

https://tr.linkedin.com/in/alphangogus

this guy was local manager but they fired him with all group

I'm not logged in to Linkedin, so few information isn't shown to me. I do not see any post where he say he was fired, but he worked at Houbi only for 1 year 3 months which is far shorter than other his work experience.

Quote from: teramit on November 12, 2022, 10:10:00 PM

https://www.coindesk.com/business/2022/11/04/huobi-exchange-users-furious-after-gala-holdings-are-converted-to-meme-token/
a lot of fisshy things happening right now

That incident is definitely very fish. It's big red flag since they didn't reverse the purchase instead.

teramit

legendary

Activity: 1877

Merit: 1396

The Last Cryptocoin Burner

Quote from: ?? on ??

It looks like HUSD price begin to crash after they decide to delist it on 10/27/22[1]. Rather than Houbi going down, IMO it's more likely they burning bridge with Stable Universal (company/team behind HUSD) after partnership on 2019.

Quote from: teramit on November 11, 2022, 10:39:51 PM

right now husd is 17 cent , it is a comedy that an exchange sells its own stable coin to someone else and claim itself not responsible for it.
They also closed local offices leaving only last personels for local support while even ftx was opening new local offices.

Could you provide the news source? I did quick search, but only found article about delisting or speculation it'll follow FTX path.

[1] https://www.coincarp.com/exchange/announcement/huobipro-104921194018990/
[2] https://paxos.com/2019/07/17/stable-universal-partners-with-paxos-and-huobi-to-launch-new-stablecoin-husd/

https://tr.linkedin.com/in/alphangogus

this guy was local manager but they fired him with all group

Stabil coin is the best way to exploit customers money, people trust it like real usd so alot of money comes to it but then drain and show it like a hack just now sbf is doing same.
so you can understand them
https://www.coindesk.com/business/2022/11/04/huobi-exchange-users-furious-after-gala-holdings-are-converted-to-meme-token/
a lot of fisshy things happening right now
can you think binance is delisting busd :/

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Get funds off exchange for now(even if you trade actively) just to be totally sure. We might not have seen the extent of the contagion risk/effect caused by FTX's insolvency.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Lol, another unstable coin down the drain Grin

I don't know much about the new team but as far as I know, everything Justin Sun touches turns into shit

He's a scumbag and an opportunist

teramit

legendary

Activity: 1877

Merit: 1396

The Last Cryptocoin Burner

https://coinmarketcap.com/currencies/husd/

right now husd is 17 cent , it is a comedy that an exchange sells its own stable coin to someone else and claim itself not responsible for it.
They also closed local offices leaving only last personels for local support while even ftx was opening new local offices.
A hack happened and billions valued husd gone then some recover news but they could not stand and sold exchange whole. But we know from poloniex selling a damaged exchange doesnt turn good to its customers.
Also justin sun seems involved this new ownership. As a result it seems like they bought for emtying its case. they made a lot of campaign that can affect unexperienced cyrpto customers, that smells bad.
After ftx we still can see exploited customers at exchanges in this unregulated sector. Be carefull Undecided

Topic: is huobi going down ? (Read 106 times)