Li Lin: I have no relation to Huobi HK. According to the trading agreement, Huobi (火必) company prohibits the use of the Huobi brand.

BlockBeats reported on May 26th that Huobi founder Li Lin addressed questions on social media regarding whether Huobi HK is related to him personally and the re-use of the "Huobi" name in the Huobi App. Li stated that after October 8th, 2022, he will no longer be a shareholder of Huobi and any business activities of Huobi will be unrelated to him. According to the trading agreement, Huobi is prohibited from using the "Huobi" brand in simplified and traditional Chinese characters, and the company's Chinese name has been changed to "Huobi". Li's legal representatives will send a lawyer's letter to Huobi to urge them to stop their infringing behavior and further legal action will be taken to protect Li's legitimate rights and interests, depending on the situation.