![Huobi Global denies ‘large-scale layoffs’ and key exec resignations](https://cryptedcrypto.com/wp-content/uploads/2022/11/picf82883483e54f13430c34e99e4f76d95.jpg)
Huobi Global has denied reports that two top executives have resigned and stated that it has no plans to implement “large-scale layoffs” as the Seychelles-based cryptocurrency exchange undergoes a takeover.
A tweet from Chinese crypto blogger Colin Wu on October 29 cited “people familiar with Huobi” as the source of the news that CEO Leon Li and CFO Chris Lee had resigned.
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