UK Regulator Targets Justin Sun’s HTX

[johnblockbuster]

The UK’s Financial Conduct Authority (FCA) is suing HTX (formerly Huobi), owned by Justin Sun, for allegedly violating financial promotion laws.
HTX isn’t licensed to operate in the UK — part of the FCA’s wider crackdown on unregistered crypto exchanges.
The action comes just after the UK lifted its ban on crypto exchange-traded notes, citing a “matured market.”