Huobi Has Moved the $HBTC Collateral Out of Its Official Transparent Wallet
Jul 14,2022,19:33
Huobi has moved the $HBTC collateral out of its official transparent wallet. $HBTC is Huobi's version of wrapped bitcoin that officially claims to provide transparency and the ability to verify its reserves. However, Huobi has moved the collateral out of its official transparent wallet, making the token very opaque. The money appears to be dispersed in wallets on other exchanges, also held by Huobi.
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