Li Lin responds to Sun Yuchen's doubts: There are no funding gaps in the delivery, and he is willing to resolve the dispute through legal means in Hong Kong
ChainCatcher news, Li Lin responded to Sun Yuchen's recent comments regarding the HTX delivery process and financial situation. He stated that during the HTX delivery in October 2022, there were discrepancies between the two parties regarding the calculation of user assets. The "30 million dollar funding hole" mentioned by Sun Yuchen was actually a result of the exchange's margin trading business experiencing a margin call due to extreme market conditions, which has already been addressed in the company's financial statements.
The delivery contract is governed by Hong Kong law, and Li Lin expressed his willingness to seek a fair ruling through the Hong Kong courts or a third-party arbitration institution, rather than making unilateral judgments on social media.
Previous news, Sun Yuchen stated that Li Lin concealed due diligence materials when selling Huobi, and there is a 30 million dollar hole internally.