UK FCA Sues Crypto Exchange HTX for Illegal Promotions

2025-10-23 00:34

The UK Financial Conduct Authority (FCA) has filed a lawsuit against cryptocurrency exchange HTX, formerly known as Huobi, in the London High Court. The FCA accuses HTX of illegally promoting crypto asset services to UK consumers, violating the country's financial promotion regulations. The case involves multiple entities related to HTX but excludes advisor Justin Sun. The FCA stated that the legal action aims to protect consumers and uphold the integrity of the UK financial markets. HTX has not yet commented on the lawsuit.

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