In the early morning of October 8th, Huobi announced that the controlling shareholder company has transferred all the shares of HuobiGlobal held by the fund of About Capital Management. But WuBlockchain learned from multiple sources that Justin Sun is actually the core investor of this M&A fund. Justin Sun himself was at the delivery site in Singapore on October 8. At present, Justin Sun is vigorously recruiting, and some departments of Huobi are also taking over. The price is about $1 billion.