7th August 2023 > > Urgent update.
7th August 2023 – Urgent update on Huobi
I have used Huobi for three alts over the years – NAS, ZED, & EVMOS. Fees have always been lower than most, and, unlike nearly all the competition, you don’t end up with small residuals all over the place. Small residuals will irk me for ever more. They are just annoying and get in the way.
I have never left any coins on Huobi, and never will.
It has been reported in Hong Kong that some senior executives of Huobi have been detained by the police. This is never a good situation under Xi and his murderous henchmen, who clearly have plans to steal Hong Kong’s successful crypto industry.
I do hope that this warning by the CCC is baseless, but I said the same when the CCC advised readers to move cryptos off FTX twenty-fours before withdrawals were suspended.
If you have any of your crypto stash on Huobi, move it to cold storage. And do it now.
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