Sam Bankman-Fried, Justin Sun in Talks to Buy Majority of Huobi Global Exchange: Report

Aug 12, 2022

Bloomberg reports that Leon Li, founder of crypto exchange Huobi Global, is in talks with Tron founder Justin Sun and FTX, the crypto exchange founded by billionaire Sam Bankman-Fried, to sell a majority stake in the company in a transaction that would value the firm at $3 billion or more. “The Hash” team discusses what could be one of the crypto industry’s biggest deals ever.