Chinese Crypto Tycoon Wants $3 Billion for Huobi Stake Deal


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Leon Li, the co-founder of global crypto exchange Huobi is wrapping up plans to sell most of his shares in the company valued at $3 billion Bloomberg reports. According to Houbi group woordvoerder, Li has already informed his business associates about his decision and announced at a shareholders meeting in July that he might hand over his roles in the company to focus on his ailing health. Li in talks with investors seeking to offload a stake Li has had conversations with various bankrollers seeking to grab a 60% state in the crypto company, and it is reported that Tron...