{"id":"leon-li","title":"Leon Li","content":"**Leon Lin Li** is one of the co-founders of [HTX](https://iq.wiki/wiki/huobi). Prior to founding [HTX](https://iq.wiki/wiki/huobi) Group in 2013, Leon held the role of a computer engineer at [Oracle](https://iq.wiki/wiki/oracle). [[1]](#cite-id-blrg4ax34nt)[[2]](#cite-id-d7ywy5s5et)\n\n$$widget0 [YOUTUBE@VID](j-JFPUsR-d4)$$\n\n# Education & Early Life\n\nLeon Li earned a Master’s degree in Control Science and Engineering from Tsinghua University in 2007. As an early advocate for Bitcoin, he aimed to expand awareness and adoption of [blockchain](https://iq.wiki/wiki/blockchain) and [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) technologies. [[4]](#cite-id-ef819u9t6zi)\n\n# Career\n\nLeon Li is a Chinese entrepreneur who founded [HTX](https://iq.wiki/wiki/huobi) Group (former Huobi), a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) exchange. After earning a Master's degree in Control Science and Engineering from Tsinghua University in 2007, he worked as a computer engineer at [Oracle](https://iq.wiki/wiki/oracle). In 2009, Li initiated his entrepreneurial pursuits by establishing several internet ventures, including Renrenzhe, a lifestyle search platform in China.\n\nIn 2013, Li founded [HTX](https://iq.wiki/wiki/huobi).com, which has expanded its operations to over 130 countries. As CEO, he has participated in international discussions on blockchain, highlighting its potential to influence global business and value exchange. [[12]](#cite-id-FUKAd8cp5E)[[5]](#cite-id-kek7lezswrs)\n\n## HTX\n\nIn 2013, Leon Li established [HTX](https://iq.wiki/wiki/huobi), previously known as Huobi, a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) trading platform based in China that expanded its operations to over 130 countries.\n\nIn October 2022, Li sold his entire stake in the platform to a buyout firm managed by About Capital Management (HK). Following this transaction, Li retired from the exchange's operations and no longer has any involvement in [HTX's](https://iq.wiki/wiki/huobi) business activities, as confirmed by a company spokesperson. [[3]](#cite-id-6qv8v17648) [[6]](#cite-id-c0f08j6mi3u)\n\n# Achievements\n\nLeon Li has received recognition for his contributions to the [blockchain](https://iq.wiki/wiki/blockchain) sector. His notable achievements include the 2018 China Fintech Award for Outstanding Contribution and the 2018 China Internet Finance Association Award for Outstanding Entrepreneur.[[3]](#cite-id-6qv8v17648)\n\n# Controversies\n\nLeon Li encountered challenges following [FTX's](https://iq.wiki/wiki/ftx) collapse in November 2022, which resulted in $18.1 million in frozen deposits for his company, Sinohope. These funds were later recovered at 108% through a sale to Ceratosaurus Investors LLC. Despite the recovery, Sinohope reported substantial losses, prompting Li to provide a $14 million personal loan to address customer liabilities.\n\nIn December 2023, Li’s company, X-Spot Global, obtained an injunction requiring Huobi Global to cease using the \"Huobi\" trademark in Hong Kong. The trademark had been retained by X-Spot following the 2022 sale of Huobi. As chairman of New Huo Technology, Li sought to address losses stemming from [FTX’s](https://iq.wiki/wiki/ftx) collapse, including $13.2 million in client assets, through his personal loan agreement. [[7]](#cite-id-xwyebi7p6he) [[8]](#cite-id-0r6xzrifmsy) [[9]](#cite-id-wd4r5x7t8eh) [[10]](#cite-id-l0zga7p1n2g) [[13]](#cite-id-dNCN4ZkOZO)","summary":"Leon Li is a Chinese entrepreneur and co-founder of HTX (formerly Huobi), a major cryptocurrency exchange. He has a background in engineering and has received a...","images":[{"id":"QmRXtFZ3dwVyj6n7A82JJwyaA2hLjVJ3UUpwcXHDrzyMww","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"People in crypto"}],"tags":[{"id":"Founders"},{"id":"Developers"}],"media":[{"id":"https://www.youtube.com/watch?v=j-JFPUsR-d4","size":"0","name":"j-JFPUsR-d4","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"blrg4ax34nt\",\"url\":\"https://coinmarketcap.com/alexandria/article/what-is-huobi-token-ht\",\"description\":\"Coinmarketcap\",\"timestamp\":1692281195695},{\"id\":\"d7ywy5s5et\",\"url\":\"https://cryptoslate.com/people/leon-li/#:~:text=Leon%20Li%20is%20the%20founder,the%20field%20of%20financial%20technology.\",\"description\":\"Cryptoslate\",\"timestamp\":1692281208911},{\"id\":\"6qv8v17648\",\"url\":\"https://www.openbusinesscouncil.org/wiki/leon-li\",\"description\":\"Open Business Council\",\"timestamp\":1692281219675},{\"id\":\"ef819u9t6zi\",\"url\":\"https://cointelegraph.com/top-people-in-crypto-and-blockchain-2020/leon-li\",\"description\":\"Coin Telegraph - People in Crypto\",\"timestamp\":1692281250075},{\"id\":\"kek7lezswrs\",\"url\":\"https://www.openbusinesscouncil.org/wiki/leon-li\",\"description\":\"Open Business Council\",\"timestamp\":1692281265375},{\"id\":\"c0f08j6mi3u\",\"url\":\"https://www.straitstimes.com/business/companies-markets/chinese-crypto-mogul-leon-li-sells-stake-in-exchange-firm-huobi\",\"description\":\"Chinese crypto mogul Leon Li sells stake in exchange firm Huobi\",\"timestamp\":1692281292600},{\"id\":\"xwyebi7p6he\",\"url\":\"https://forkast.news/headlines/former-huobi-ceo-leon-li-offers-us14-mln-loan-to-cover-funds-locked-in-ftx/\",\"description\":\"Former Huobi CEO Leon Li offers US$14 mln loan to cover funds locked in FTX\",\"timestamp\":1692281327094},{\"id\":\"0r6xzrifmsy\",\"url\":\"https://boxmining.com/the-unpredictable-saga-of-huobis-leon-li-contempt-of-court-criminal-complaints-and-an-unlikely-comeback/\",\"description\":\"The Unpredictable Saga\",\"timestamp\":1692281360791},{\"id\":\"wd4r5x7t8eh\",\"url\":\"https://www.forbes.com/sites/zinnialee/2022/11/14/ftx-fiasco-crypto-mogul-leon-lis-firm-has-18-million-stuck-on-sam-bankman-frieds-bankrupt-exchange/?sh=dd9450054af5\",\"description\":\"FTX Fiasco: Crypto Mogul Leon Li’s Firm Has $18 Million Stuck On Sam Bankman-Fried’s Bankrupt Exchange\",\"timestamp\":1695604071665},{\"id\":\"l0zga7p1n2g\",\"url\":\"https://www1.hkexnews.hk/listedco/listconews/sehk/2022/1114/2022111400129.pdf\",\"description\":\"Announcement on FTX bankruptcy \",\"timestamp\":1695604398581},{\"id\":\"3xqzxagau9p\",\"url\":\"https://cointelegraph.com/magazine/huobi-lawsuit-hodlnaut-opnx-3ac-asia-express/\",\"description\":\"Huobi sues… Huobi? 3AC rises from ashes, Korea crypto contagion: Asia Express\",\"timestamp\":1695606349135}]"},{"id":"previous_cid","value":"QmZHzgcP3chQ3cxAz58XChU72bNj4TwvSzaKBKonCFE6st"},{"id":"previous_cid","value":"QmZHzgcP3chQ3cxAz58XChU72bNj4TwvSzaKBKonCFE6st"},{"id":"commit-message","value":"Hyperlink"},{"id":"previous_cid","value":"QmZHzgcP3chQ3cxAz58XChU72bNj4TwvSzaKBKonCFE6st"}],"events":[{"id":"87c8e150-d975-457d-a475-7f23cd15e897","date":"2013-05-01","title":"Acquisition of huobi.com domain","type":"CREATED","description":"On May 15, 2013, the Huobi Group acquired the huobi.com domain.","link":"https://www.huobi.com/en-us/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"917e8c1c-9276-47f9-8891-c1c3ad8140cf","date":"2022-11-01","title":"Leon Li offers US$14 mln loan to cover funds locked in FTX","type":"DEFAULT","description":"Leon Li offers US$14 mln loan to cover funds locked in FTX","link":"https://forkast.news/headlines/former-huobi-ceo-leon-li-offers-us14-mln-loan-to-cover-funds-locked-in-ftx/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"ef5c915e-0ad4-40c6-8721-35d2fd26f2b0","date":"2023-03-01","title":"Legal Battle Between Leon Li and Huobi over Copyright Infringement","type":"DEFAULT","description":"Legal Battle Between Leon Li and Huobi over Copyright Infringement","link":"https://boxmining.com/the-unpredictable-saga-of-huobis-leon-li-contempt-of-court-criminal-complaints-and-an-unlikely-comeback/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0xf32ECD5c8f5633212f1a25A3931aDDc0CEc42938"},"author":{"id":"0xfaF91FF28393Cf9292A351DbEa5FA6DCF34538D3"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]}}