Huobi discounts trigger controversy and speculation, Justin Sun claims that everything is okay-
Huobi discounts trigger controversy and speculation, Justin Sun claims that everything is okay-
The cryptocurrency exchange Huobi, according to several reports, releases 20 % of its employees in the past two days. Huobi's consultant Justin Sun, the founder of Tron, said South China Morning Post that the dismissal reports were not true. A HUOBI spokesman later confirmed that the personnel cuts are true and Huobi plans to keep "a very slim team" in the future.
Justin Sun von Huobi denies layoffs in the middle of controversy and alleged employee protests
according to report , the digital currency exchange Huobi has released about 20 % of its workforce. Colin Wu reported for the first time on December 30, 2022 about the situation and said: "Justin Sun's Huobi exchange will delete all bonuses at the end of the year and prepare to relieve the team from 1,200 employees to 600 to 800 employees and to shorten the salaries of the leaders, according to several insiders." Wu later added an update on January 5, specify that:
The HR department of Justin Sun communicates with all Huobi employees to change [their] salary form from Fiat-Huhrung to USDT /USDC; Employees who cannot accept this can be released. The move triggered protests by some employees.
as the speculation was there, there was asked about the situation of reporters of the South China Morning Post (SCMP) and denied that the layoffs had taken place. However, a from Coindesk confirmed that the discharge speculation was true. "In view of the current situation of the bear market, a very slim team will be maintained in the future," a Huobi spokesman told Coindesk by email
. @huobiglobal is a stock exchange that has since developed into one of the most popular sockets in the world has. Huobi focuses heavily on technology and security and has taken a number of measures to ensure the safety of its users and their assets. - He Justin Sun🌞🇬🇩🇩🇲🔥 (@Justinsuntron) 6. January 2023 In addition to the recruiting another Depending on it, indicates that Huobi employees have created fake accounts on Twitter in order to complain about the situation at Sun. "Apparently Justin Sun tried to dissolve the company (which would probably make all employees unemployed)," continued the report. The report also "HooexCchange CEO carpet pulled his employees". On January 5, 2023, SUN tried to insure the community in a tweet published in Chinese that everything was okay. A rough translation of the tweet is: The latest dynamics of business development [Huobi Global IS], and the core indicators have retained the high -speed growth. The average daily growth rate of the number of newly registered users and capital inflows exceeds the climax in 2022. And the first thousand times were born coins such as PI and Bonk, and the trading volume of related currencies took first place in the industry and leads A a number of industrial hotspots and continues to continue recovery of the market. according to Twitter-report who were claimed that things in Huobi are not going well. A Certain tweet written in Chinese that Huobis claims "Merkle-Baum and the trading volume officially announced by Huobi are fake". The individual adds that Sun should "settle the wages of the employees" and "If you want to dismiss employees, please stick to labor law". on January 6, 2023, so shared Tweets, who emphasized that the stock exchange was still in good condition, and said: "At [Huobi Global] we believe that the key to success in the world of cryptocurrency is to ignore and continue to build fud." What do you think of the layoffs at Huobi and the speculation about the crypto exchange? Share your thoughts on this topic in the comment area below. Bedy verification : Shutterstock, Pixabay, Wikicommons
