Justin Sun, the billionaire crypto entrepreneur and founder of Tron, has denied claims that he is seeking to sell his stake in Huobi Global, a global cryptocurrency exchange. A Bloomberg report had claimed that Sun had been in talks with potential investors over the past weeks, but Sun denied the report, stating that Huobi Global aims to provide a "safe, reliable, and innovative platform". Sun's involvement with Huobi has been cloaked in mystery, with reports suggesting that he may have been the real buyer of a stake sold by the exchange's founder and controlling shareholder last year. Huobi has also reportedly devised a scheme involving Dominica's digital citizenship program to bypass Beijing's trading restrictions and regain Chinese customers.

(By Ruholamin Haqshanas)