Huobi Global, a prominent player in the crypto exchange arena, has demonstrated its commitment to ethical practices by promptly addressing an issue involving a DAO member, Li Wei. The individual in question had obtained a substantial number of HT tokens at zero cost through unorthodox methods. Huobi Global has taken decisive action to rectify the situation and uphold the integrity of its operations.
Justin Sun, the advisor of the Huobi exchange, took to Twitter today to announce that Li Wei has been accused of selling HT tokens on the Huobi platform, resulting in significant profits. In response to this unethical behavior, the Huobi Global Advisory Committee and the HT DAO community have come together to take action. They have jointly decided to recover and destroy the HT tokens that were obtained through illicit means. This move demonstrates Huobi’s commitment to maintaining the integrity of its platform and upholding ethical standards in the cryptocurrency industry.
To prioritize the well-being of the HT DAO community, Huobi Global has made the strategic decision to commence the recovery process and eliminate the HT tokens. As part of this effort, we intend to engage in discussions with Li Wei to facilitate the return of any remaining HT tokens and their subsequent destruction. Our commitment to professionalism and dedication to protecting the interests of our valued community remains unwavering.
Li Wei was among the fortunate few who received a generous allocation of HT tokens during the initial distribution. Regrettably, he consistently sold off his tokens instead of leveraging this opportunity to contribute to the HT DAO community, reaping substantial profits.
In light of the significance of equity and acknowledging authentic efforts, the HT DAO committee has taken a decisive step to intervene. As a crucial aspect of the restoration process, the HT DAO community will request Li Wei return the profits earned from the prior sale of HT tokens. This action is a testament to our unwavering commitment to fairness and ensuring that all contributions are recognized and rewarded.
The allocated funds will be put towards repurchasing HT tokens, which will subsequently be destroyed. It is worth noting that the crypto community views this move as a demonstration of the HT community’s unwavering dedication to impartiality and responsibility.
