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European Union sanctions Justin Sun’s HTX

The EU has added Huobi Global S.A. and HTX to its list of sanctions related to the Russian invasion of Ukraine.

TRM claims HTX is rotating wallets to ‘stay ahead of screening’

TRM Labs has issued a new analysis claiming that HTX has been rotating its wallets “to stay…ahead of screening” following sanctions.

The decision by HTX has affected multiple assets for the exchange, including BTC, ETH, USDC, Usual Stablecoin, and USDT.

The Donald Trump-Justin Sun feud has escalated after HTX delisted USD1, issued by Trump-founded World Liberty Financial.

Despite HTX insisting that the recently sanctioned Huobi Global S.A. is entirely distinct from the HTX exchange, that does not appear true.