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International Business Times

Business

Nica Osorio

Justin Sun-Linked HTX Sees Nearly $260M Net Outflow Since Resuming Operations After Million-Dollar Hack

Justin Sun HTX CoinMarketCap Bitcoin Crypto Cryptocurrency Huobi Tron

KEY POINTS

HTX has been hacked twice since it rebranded from Huobi
The first hacked involved the loss of around $8 million
Among Sun-linked businesses, Poloniex suffered the most in terms of losses

HTX, the recently rebranded centralized cryptocurrency exchange platform linked to the Chinese-born Grenadian crypto entrepreneur Justin Sun, saw nearly $260 million net outflow since it resumed its operation after suffering from a million-dollar hack.

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