Is Huobi legit or not?

Could you elaborate on the legitimacy of Huobi? There have been mixed reviews and opinions surrounding this cryptocurrency exchange platform. Some seem to vouch for its reliability, while others raise concerns about its trustworthiness. What is your take on the matter? Do they have a good regulatory standing? Have there been any major security breaches or scandals involving Huobi? Additionally, how does their customer service compare to other similar platforms? Any insights or experiences you could share would be greatly appreciated.