- From the papers, the exchange is owned by a front man
- Moreover, About Capital has nothing to do with the company either
- While it was the firm that previously became the majority shareholder of Huobi
It would seem that just early last month we wrote about Justin Sun admitting to buying the Huobi exchange. And now this situation has continued. It turns out that the de jure owner of the company is an unknown front man.
So who acquired the exchange?
At the beginning of October last year, the company About Capital became the majority shareholder of Huobi. The rumor was that the firm was just a middleman, while the real buyer was Justin Sun.
At first he denied it. San then admitted to being the largest holder of Huobi tokens and “just helping” the board of directors. In early November, he wrote on his Twitter page that he had “acquired” Huobi, but then claimed he had been misunderstood.
In early May, Sun eventually seemed to clarify the matter. But now it turns out that the exchange belongs to a front man and is in no way connected with About Capital.
New details
This is what Protos claims.. In May, the publication contacted About Capital, where the magazine made it clear that the company is in no way connected with Huobi without specifying details. That is, ACM actually brokered the deal.
Further. According to the documentation, the real owner of Huobi Digital Ltd.. is a certain Wang Shuchi. He has also been the director of the company since February of this year. It is possible that this is just a “signature on the papers.” New Huo Technology Holdings Limited, formerly known as Huobi Technology, has been headed by a certain Li Qi since March.</nbsp;
The publication speculates that it was during that period that About Capital “washed its hands.” As for Sun, none of the documents link him in any way to Huobi. He has no position in the company and is not its owner. Sun himself has not commented on the situation.