Li Lin responds to Justin Sun's questioning: there is a misunderstanding in the calculation method of financial data during the delivery between the two parties, and there is no so-called 'funding hole'

BlockBeats News: On February 5th, Huobi founder Li Lin responded to Justin Sun's questioning by stating that there were significant differences between the two parties regarding the calculation method of user assets during the HTX delivery process in October 2022. He had multiple communications with Justin Sun, who also made it clear that he hoped to further verify the accounts and clarify the facts. Therefore, this is not a so-called 'concealed allocation' or 'fund hole', but rather due to the fact that the delivery has been completed for two years and there have been significant changes in core personnel and financial data, resulting in misunderstandings between both parties regarding the calculation method of financial data at the time of delivery. The "$30 million funding hole" mentioned by Justin Sun is essentially a result of extreme market conditions that led to the trading platform running out of positions in the two financing (leverage) business. At the time of delivery, the company's revenue has already been used for this financial treatment, and the assets delivered to the seller completely cover the user's assets, without any so-called 'funding holes'. We fully support fair rulings through Hong Kong courts or third-party arbitration institutions to safeguard the legitimate rights and interests of all parties through legal means, rather than unilaterally using social media for unilateral trials. BlockBeats previously reported that earlier today, Justin Sun, the founder of TRON and a member of HTX's global advisory committee, posted on social media, saying, "Those familiar with the situation know that Li Lin concealed due diligence materials and created a $30 million hole internally. In the end, I found out that he had tampered with it, and after being exposed, he played tricks and refused to give the last point. I lent it to the company to fill it in