Investigation into the disappearance of 700 million TRX from HTX
Data from June proof-of-reserves indicated a 700 million TRX decrease at HTX, valued at approximately $238 million. Investigations reveal that these funds were moved to addresses linked to Poloniex's Super Representative and Binance. Additionally, HTX has shifted over $1 billion in assets to an undisclosed third-party custodian, raising concerns regarding the management of reserves under Justin Sun's ownership.
Summaries are written by AI from the original article. Not investment advice.