In the most recent allegations, Tron Founder Justin Sun denies that Binance rejected a proposal to purchase Sun’s ownership stake in the cryptocurrency exchange Huobi Global.
According to a claim made by an anonymous source, Binance was not interested in purchasing Sun’s stake due to rumors that Huobi has connections to the Chinese mainland, which Binance does not want to be associated with.
Justin Sun tweeted: “We have always regarded @binance as one of our most important partners and will continue to work closely with them on all levels. However, I must point out that in the past week or so, I have not proposed any offer to @cz_binance regarding the purchase of @HuobiGlobal, nor have we even discussed Huobi in the past week or so.”
A few days back even Bloomberg reported Justin Sun has contacted possible investors about his stake in Huobi over the previous weeks. Sun refuted the claims on Twitter.
Huobi’s advisor Sun further reaffirmed that Huobi has no intention of changing ownership. Just last month, Huobi Token tanked 90% due to weak market sentiments. Justin Sun did assure the users that all funds are safe and all is well.
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