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Thursday, August 8, 2024
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    HomeFinanceHuobi sues... Huobi? 3AC Rises from the Ashes, Korea's Crypto Contagion:...

    Huobi sues… Huobi? 3AC Rises from the Ashes, Korea’s Crypto Contagion: Asia Specific

    In accordance with native information messages On June 21, Leon Lin Li, the previous founding father of cryptocurrency change Huobi International, filed a copyright infringement lawsuit towards the corporate in Hong Kong. Li claims that regardless of promoting his majority stake to an entity managed by Chinese language blockchain mogul Justin Solar final November, his firm X-Spo nonetheless owns the trademark rights related to the time period Huobi International, and that Huobi International in change, used the trademark with out permission.

    Former Huobi founder Leon Li (Twitter)

    Whereas it is not instantly clear why Li is searching for to sue the identical firm and model he beforehand created, a heated change between Li and Justin Solar final month might supply some clues.

    Holdnaut staff members earlier than Crypto Winter (SMU) begins
    The photograph purportedly exhibits the empty workplaces of Haru Make investments after the announcement. (Telegram)

    Proceed studying Coin Telegraph.

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