Is Huobi legal in China?

Could you please clarify the current legal status of Huobi in China? I've heard conflicting reports about whether or not it's legal for individuals to use Huobi's cryptocurrency exchange services within the country. Is there a definitive answer to this question, and if so, what are the specific regulations or laws that govern Huobi's operations in China? Additionally, are there any potential risks or consequences for individuals who choose to use Huobi despite any potential legal restrictions?