Huobi Has Moved the $HBTC Collateral Out of Its Official Transparent Wallet

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.
Source

Huobi

In This Article

Related News
HTX Exchange Loses $13.6M as part of the $87M HECO Bridge Exploit HTX Exchange Loses $13.6M as part of the $87M HECO Bridge Exploit
Latest News More More
3 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
3 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
4 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
4 Days Ago Binance Records $3.97B Weekly Inflows
4 Days Ago MEXC Partners With Hacken to Increase Security Standards
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open