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  Posted by u/ 12 months ago

Justin Sun?s High-Yield Project Stirs $1.8 Billion Surge, Posing Risks For Huobi Global

In a bid to attract yield-seeking crypto investors, Justin Sun unveiled stUSDT, a project offering 5% returns tied to low-risk securities like government bonds. Huobi Global, the exchange facilitating stUSDT investments, faces growing scrutiny and risk as its crypto reserves shift.

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