Huobi Exchange Founder Sues Huobi Global Limited The owner of the X-Spot Co. analytics company and the founder of the Huobi exchange, Li Lin, accuses the cryptocurrency firm Huobi Global Limited of illegal use of the trademark. He even formally sued the company in the Hong Kong Special Administrative Region High Court. The statement says that X-Spot Limited retains the trademark rights that Huobi Global Limited has used without permission. When transferring shares of the company, from the original shareholders to About Capital Management, they agreed to retain exclusive rights to the trademark. They also entered into an agreement that
Huobi Global – one of the world’s biggest digital currency exchanges – has announced that it’s going to release approximately 20 percent of its staff due to the ongoing volatility and speculation of the digital currency industry. Huobi Global Is Parting with Several Staff Members A Huobi spokesperson said: With…
A renowned crypto industry figure comes forward with allegations that the brother of Huobi’s founder has been aggressively picking up the exchange’s native token for free. And then dumping the hoardings at a profit. Justin Sun, the founder of Tron (TRX) and a stakeholder in Huobi, the cryptocurrency exchange, claims…