JAKARTA - The founder of Tron (TRX), Justin Sun, provided clarification regarding the news circulating about his intention to sell shares on the Huobi Global crypto exchange. Previously, CoinGape reported that Sun was in discussions to sell some of Huobi's shares.
This news says that Sun contacted investors to sell their shares on the crypto exchange. However, recently Sun clarified that Huobi owners currently want to continue their holdings on the crypto exchange.
Sun expressed his support for the crypto space, as they believe in the power and potential of digital currencies.
"Currently, Huobi Global has been a trusted name in the crypto industry for more than 10 years, providing a secure, reliable and regulatory digital asset trading platform. We want to convince our users that Huobi has no intention of changing its holdings," Sun said.
Meanwhile, recent reports indicate that the world's largest exchange, Binance, has rejected an offer to buy Justin Sun's holdings in Huobi, which is in contrast to Sun's view of wanting to sell his shares.
In March 2023, the United States Securities and Exchange Commission accused Justin Sun of offering and selling unregistered Tron tokens (TRX) and BitTorrent (BTT). Even so, Sun expressed his strong support for the crypto space and its trust in the potential of digital currencies.
"We firmly believe in the power and potential of digital currencies and will continue to support and strengthen the crypto ecosystem and blockchain technology," Sun added.
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