It seems that @hitbtc removed $HVN from its exchange for receiving enough user complaints.
After conducting their investigation, they have been able to verify that they have effectively deceived the buyers of $HVN.
At the moment the token has been removed and they allow them to withdraw to private portfolios, but it is not tradeable.
There is no possible justification for what @hiveterminal was doing. An annual turnover of more than 500,000, and this only consumes just over 5,000 HVN, when they should have been at least 4,000,000 HVN.
But this does not matter much, because those 4,000,000 of HVN would return to the @hivetermianl wallets, and could always be reselling them.
In addition, it has been quite strange that someone after having sold more than 18,000,000 $HVN at a ridiculously low price, at -90% compared to their ICO price, which would have cost him a fortune, has relocated for sale more than 8,000,000 HVN in @hitbtc.
This sounds like @hiveterminal has other wallets apart from its official wallet.
Who would pay more than $ 40,000,000 of HVN at a price of 0.01 usd and then sell it for 0.0009 usd?
Some guys said on twitter why add $HVN into major exchange, while we have livecoin...