Huobi Global Notice on FTX

Dear Huobi Users,

Huobi Global does not have any investment or exposure in FTX. User assets reserve rate is over 100%. Huobi has completed over 30 B USD of user funds redemption from mainland China withdrawals. Huobi just finished 100% Merkle tree fund reserve audit last month because of the acquisition and we will do it again within next 30 days. 

Huobi Global

November 12, 2022

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Huobi Global reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi Global. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.