Justin Sun keeps fighting with Huobi founder Li Lin
HTX advisor Justin Sun is currently engaged in a dispute with former Huobi owner Li Lin over whether or not Huobi/HTX had a $30 million hole in its books when it was sold to About Capital Management in 2022. The dispute is the latest chapter in the pair’s years-long feud. A machine translation of a recent X post by Sun includes a story in which he accuses the Huobi founder of concealing the hole, leading to Sun having to loan money to the exchange. A statement purportedly from Li has been posted to X in which he claims that Sun is misrepresenting the state of the exchange at the time of purchase and says that the hole that Sun is describing was a margin call that the exchange believed could still be recovered. The statement also mentioned that the exchange’s revenue had already covered the hole. 李林的立场一直是，我知道有3000万没还你，我需要核实，但是你一去找他核实他就影子都不见了 然后就是扯啥理性，法律啊，沟通啊，问题香港我们也起诉了 https://t.co/vC9Csg3rCv — H.E. Justin Sun (@justinsuntron) February 5, 2025 ...