As updated in an earlier Coincu News article, Wu Blockchain revealed Justin Sun as the man behind the acquisition of Huobi Global which was acquired by About Capital Management’s M&A Funds, a capital management firm in Hong Kong.
The source was revealed by Jinglin Assets, China’s No. 1 private equity firm with a partnership with About Capital Management, which was initially suspected of being Huobi’s real acquirer. However, confirming to Wublockchain, Jinglin said that it was not involved in the acquisition and that About Capital was a “bridge” for the acquisition of Justin Sun.
For now, Justin Sun has only confirmed that he has become a global advisor to Huobi Global.
However, on October 10th, Justin Sun’s Twitter Profile Link was changed to Huobi’s official website. This makes the community even more suspicious of the fact that the founder of TRON himself made the transaction of more than 1 billion dollars.
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