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Huobi confirms 20% layoffs, denies insolvency rumors

Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Huobi confirms 20% layoffs, denies insolvency rumors

Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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