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First Mover Americas: Bitcoin Slips at End of Strong Week, Huobi Founder in Talks to Sell Majority Stake

The latest price moves in crypto markets in context for Aug. 12, 2022.

Updated May 11, 2023, 4:45 p.m. Published Aug 12, 2022, 2:08 p.m.
Huobi Founder Leon Li, who holds the microphone, is looking to sell roughly 60% of the firm. (CoinDesk)
Huobi Founder Leon Li, who holds the microphone, is looking to sell roughly 60% of the firm. (CoinDesk)