Hotbit's Announcement Regarding the Destruction of the Stolen FSN Asset

Dear Respected Hotbit Users，
By the mutual effort of both Hotbit Team and Fusion Project Team, both parties have managed to successfully freeze all accounts involved by the FSN token theft issue shortly after the occurrence of the issue, and have successfully intercepted an allotment of the stolen FSN asset. Upon mutual negotiation, both parties have decided to destroy 260,231 unsold stolen FSN tokens. Apart from the token destruction, regarding the remaining stolen FSN asset left in Hotbit platform (which worth 98,934.24 USDT), Hotbit will arrange repurchase sessions of the asset on Hotbit platform in irregular schedules within the next 15 days

Meanwhile, based on the purpose of community reimbursement and the promotion of FSN ecosystem, regarding the Hotbit Team and Fusion Team have mutually decided to use the income generated from the 20,000 USDT worth of FSN repurchase sessions to host "Purchase FSN with 50% Discount" event (which starts at 11:11, November 11th, 2019 GMT+8). The detailed information of the event will be published soon. The income generated from the repurchase sessions of the remaining FSN (78,934.24 USDT worth of FSN) will also be destroyed in total. By the time of FSN token destruction, we will publish an announcement regarding the total volume of FSN destroyed.

Hotbit team

2019.10.31