Multiple sources have confirmed that Huobi COO has been investigated, and operating withdrawals are normal for the time being
Du Jun did not respond to or refute rumors that executives were being investigated. He emphasized that everything is working properly with Huobi, and that the safety of user assets comes first, which means that Huobi may guarantee normal operation under pressure.
On the evening of November 2, Huobi HT suddenly plummeted. Afterwards, it was reported in the market that Huobi's No. 2 figure and COO Zhu Jiawei was being investigated. Chu Ka-wai doesn't actually manage much business; she plays more of a “political commissar” role.
There were also rumors at the time that Zhu might be on the flight back to Beijing from Zunyi, but there was still no sound over time. Subsequent sources told Wu about blockchain that Zhu Jiawei is indeed being investigated, but it has had little impact on the company's operations for the time being, and it is suspected that it is still related to Shanxi.
Huobi just held a rare Chinese cryptocurrency industry ecosystem conference in Zunyi, Guizhou, which covered most of the industry's executives and entrepreneurs. Some Huobi employees returned to Beijing from Guizhou on the 2nd.
On the afternoon of November 2, a live video of the conference was broadcast. The founder of Huobi made a statement after supposedly drinking, saying that he is confident, not afraid, that Bitcoin is not illegal, and that (Huobi or himself) has not done anything illegal.
On October 16, OK founder Xu Mingxing was revealed to be investigated. Subsequently, on October 21, Li Lin recalled the former co-founder Du Jun, who was overseas.
Despite internal claims that they mainly rely on Du Jun to expand the international market, the industry generally believes that they are planning ahead and looking for overseas private key managers. Du Jun's circle of friends also indirectly confirmed the news.
On the evening of November 2, Du Jun immediately stated in his circle of friends that everything is fine with Huobi.
Du Jun did not respond to or refute the rumor that the executive's rumor was being investigated. He emphasized that everything is working properly with Huobi and that the safety of user assets comes firstThis means that Huobi may guarantee normal operation under pressure.
After Xu Mingxing was investigated, Binance quickly carried out several “exercises” where the key manager lost his connection. Huobi, on the other hand, promotes its own multi-signature technology and does not rely on the authority or operation of any one person. Meanwhile, it is reported that Huobi has also carried out internal plans and exercises. Although panic continued to spread after this incident occurred, the response was still in an orderly manner.
Zhu Jiawei was born in 1982 and graduated from Hohai University. He worked for Oracle. He joined Huobi in '15 and began popularizing blockchain and cryptocurrency in the Chinese community. Many people were influenced by his popular science content to enter this industry. There are currently no details on the reason and form of Chu Ka-wai's investigation; subsequent disclosure of official or accurate information sources is required.
On October 30, Huobi Global CEO Grandpa Qi responded by saying, “Huobi has received more than a dozen pennants (given by the police) this year and is ready to decorate the display wall and hang them up.
Source: Wu talks about blockchain
