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HTX Rotates Wallets Across Blockchains After UK Sanctions
Finance
— Jul 22, 2026
TRM Labs reports that HTX rotates hot wallets across multiple blockchains to evade UK sanctions imposed in May on its parent Huobi Global, a pattern critics warn weakens static-s screening methods; HTX maintains the changes are routine security operations, and regulators push for behavior-based on-chain monitoring with ongoing FCA actions highlighting increased scrutiny.
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EU sanctions HTX over Russia links
x/russian
— Jul 24, 2026
The European Union broadened its Russia sanctions to include HTX, the Justin Sun‑linked crypto exchange formerly known as Huobi, labeling it among 18 crypto-related entities suspected of helping Moscow evade restrictions. The package imposes transaction bans rather than asset freezes, extends restrictions to 14 third-country crypto platforms, and signals potential future full bans on foreign crypto services that enable evasion, with the UK having moved earlier in May.
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