Justin Sun Gives Good News From Huobi (HTX) Exchange Where Withdrawals Were Halted

HTX, the cryptocurrency exchange associated with digital asset entrepreneur Justin Sun, has fully resumed Bitcoin deposits and withdrawals following a hack attack, according to Sun’s statement.

Sun announced that all major currencies, including BTC, ETH, TRX, and USDT, are now fully functional for deposits and withdrawals on HTX. The announcement was made on platform X, formerly known as Twitter.

Poloniex, another exchange backed by HTX and Sun, was recently targeted in two separate hacking incidents that resulted in the loss of over $110 million in cryptocurrency. Sun confirmed last week that HTX on X was hacked. An HTX spokesperson stated that approximately $30 million worth of cryptocurrency was stolen from the exchange’s wallet during the attack.

The rebranding of Huobi exchange as HTX was announced by Sun in Singapore on September 13.

Regarding the hacking incident, Justin Sun said in his statement today:

“The majority of the work has been completed and we aim to gradually restore the remaining currencies over the next few days, with all work expected to be completed by next week.”

*This is not investment advice.