Tron registers Rising Activity: Justin Sun denies 'Huobi-buyer' link
During the weekend, it was announced that Huobi will be purchased by Hong Kong-based investment company About Capital Management’s M&A fund. Per the official statement, About will “control the majority stake” of Huobi once the deal closes. Of late, there have been developments revealing that Justin Sun , the founder of Tron, is allegedly  ;the real buyer of the crypto exchange with the help of Sam Bankman-Fried’s FTX. Per Chinese Journalist Colin Wu’s unnamed sources, Sun is “actually the core investor” of the M&A fund and was at the delivery site in Singapore on 8 October. The Tron executive, however, told Wu that he “ didn&rsquo ;t participate.” Nevertheless, he is officially one of Huobi ’s global advisors, alongside Valkyrie Investment CEO Leah Wald and About Capital founder Ted Chen. In fact, Sun also linked the exchange&rsquo ;s website on his Twitter handle and also updated his ...