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The former senior manager of Huobi was acquitted on all seven charges in his dark pool trading case. - CoinFeed
Time 03:40

The former senior manager of Huobi was acquitted on all seven charges in his dark pool trading case.

April 25, 2026
CoinFeed News

CoinFeed reported on April 25 that, according to Hong Kong 01, Chen Bailiang, then a senior manager at Huobi Group, was charged with six counts of dishonest access to a computer and one count of money laundering for allegedly using the alias "Chen Feng" to open a personal account and illegally conduct cryptocurrency dark pool transactions, transferring 4.999 million Tether (approximately HK$39.18 million) from the account to other personal platform accounts. After a trial in the High Court, a jury of four men and three women acquitted the defendant on all charges on April 24, and the defense's application for costs was also approved by the judge.

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