The project team was found to have violated the rules of Huobi Global whereby the total locked amount of tokens of the project team was inconsistent with what was promised in the white paper. In order to protect the rights and interests of Huobi users and to avoid unnecessary losses of our users, Huobi Global has decided to suspend all trading and deposit services of CDC on Huobi at 17:30 on November 5 (GMT+8). CDC holders are requested to withdraw CDC to their personal digital asset wallets or other trading platforms’ accounts by 12:00 on December 5 (GMT+8), 2018.
Protecting the rights and interests of users is a priority that Huobi insists on, and Huobi will continue to supervise the project teams to fulfill the obligations with strict standards.
November 5, 2018