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Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report

Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report


The Daily Hodl
2022-06-23 16:55:26

Crypto exchange Huobi is reportedly suing a former executive accused of raking in $5 million in Tether (USDT) by secretly trading against a company account under his control. The Financial Times reports Chen Boliang engaged in the illegal trading scheme between February and March 2020 while he was still a senior manager in Huobi’s institutional client’s […]The post Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report appeared first on The Daily Hodl.


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