Huobi crypto exchange faces concerns amid heavy outflows and allegations

In a recent turn of events, Huobi, a prominent cryptocurrency exchange, has encountered significant outflows amounting to a staggering $64 million over the weekend. This trend follows a notable decline in the exchange’s total value locked (TVL), which has dropped from $3 billion to $2.5 billion within a month, according to data from DeFiLlama. Adam…