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The UK added Huobi Global S.A. to its Russia sanctions list, sparking pushback from Justin Sun and HTX over the exchange's complex entity structure.
Bybit alerts users that HTX-linked transfers face heightened compliance checks following UK sanctions, as experts raise concerns over potential USDT freezes.
UK sanctions HTX operator over alleged Russia shadow network role as analysis reveals $7.6B in suspicious flows through the exchange.
HTX exchange addresses UK sanctions against Huobi Global S.A., stating its global operations and user funds remain secure despite regulatory action.
British authorities target HTX crypto exchange as part of widening enforcement against platforms allegedly helping Russia evade sanctions.