Huobi Global Denies Large-Scale Layoffs and Key Exec Resignations

Huobi Global denies large-scale layoffs and key exec resignations.

A spokesperson from Huobi Global says rumours of layoffs are untrue. "Huobi Global's senior management team is performing their duties as per normal, and rumors of large-scale layoffs are untrue. At present, Huobi Global enjoys a healthy cash flow, and the new shareholders have completed the capital injection."

This comes on the heels of rumors that Huobi Global CEO Leon Li and CFO Chris Lee have resigned.