Summary: According to Malaysia’s Securities Commission, Huobi Global is not a registered business and must shut down its operations in the country. The order to cease operations was issued to the crypt exchange Huobi and its CEO Leon Li whose younger brother Li Wei is accused of pocketing $7.45 million from free HT tokens. Justin Sun noted that the order from Malaysia’s SC is directed at the former Huobi platform and not the revamped company he advises, per reports. The
