Huobi's Rebrand to HTX Draws Criticism for Echoing Bankrupt FTX
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Huobi exchange rebranded to "HTX", echoing the name of bankrupt FTX and drawing community criticism.
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"HTX" represents Huobi Token, Tron blockchain, and the company's 10th anniversary.
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Some question the rebrand after Huobi's legal issues like closure in Malaysia.
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Other crypto companies like GTX have also seemingly borrowed from FTX's name.
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The rebrand aims to mark Huobi's anniversary but is seen as controversial.