Foreign media accuses: HTX Huobi exchange misappropriated reserve assets, actual USDT reserves are only 12%.Foreign media Protos discovered a batch of addresses belonging to HTX and the various asset balances held by each address from a toolkit owned by huobiapi on GitHub. Protos accused HTX of not only having an ambiguous relationship with Sun Yuchen but also having issues with the misappropriation of reserve assets. The reserve assets, which should have been properly safeguarded to provide users with peace of mind, were instead used for on-chain lending, with $1.78 billion of USDT, where only 12% of the reserves are actually safe. Furthermore, various assets were used to provide liquidity for Sun Yuchen's JustLend.
Protos questions the reserve of wrapped tokens on the Tron chain.
Protos indicates that TRC-20's
ChainNewsAbmedia·2025-12-24 03:35