Binance rejected Justin Sun’s offer to buy Huobi shares.
Justin Sun continues to come to the fore with the offers he has given in the sector these days. Sun’s latest offer was rejected by Binance.
Justin Sun’s Huobi Share Offer Stuck on Binance
Binance, the world’s largest cryptocurrency exchange by volume, recently said that according to a person close to the subject, the founder of Tron Blockchain, Justin Sun‘s offer to buy its ownership stake in rival exchange Huobi.
According to the person with knowledge on the subject, Binance Huobi He wasn’t interested due to rumors that Binance had ties to China and Binance didn’t want to do anything. Binance did not make any statement on the subject, while rejecting Sun’s share purchase.
The extent of Sun’s relationship with Huobi proceeded in secrecy. A company called About Capital acquired Huobi in October of last year. Huobi confirmed in January that he was the company’s leader, although Sun’s representatives said he had no affiliation with About.
Last week, Sun’s HuobiSuch speculations sounded like an April Fools’ joke, following a Bloomberg report that he was trying to sell his stock.
