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UK Sanctions HTX Entity Formerly Known as Huobi Global The UK government on May 26 sanctioned HUOBI GLOBAL S.A., the entity linked to HTX,…

UK Sanctions HTX Entity Formerly Known as Huobi Global The UK government on May 26 sanctioned HUOBI GLOBAL S.A., the entity linked to HTX, accusing it of providing financial services, funds or economic resources to A7 Limited Liability Company as part of a wider crackdown on Russia sanctions-evasion networks. The action also targeted crypto platforms including Garantex Europe OU, banks and related firms. The move follows the FCA’s February legal action against HTX over alleged unlawful financial promotions to UK consumers. Justin Sun is a member of HTX’s global advisory board.
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