Ex-manager of crypto firm Huobi acquitted of moving millions into account
Culture Index
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Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
9/15
Depth
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5-Axis Cultural Radar
A former senior manager at a major Chinese cryptocurrency exchange has been acquitted by a Hong Kong court of secretly moving about US$5 million in Tether stablecoins, worth around HK$39 million, to his own accounts six years ago. A seven-member High Court jury reached the verdict on Friday to find Chen Boliang, who used to work at cryptocurrency firm Huobi – now known as HTX – not guilty of acces
