UK Crypto Enforcers Drag Liberland Prime Minister Justin Sun Into Court: TRX Price Reacts
UK regulators have taken legal action against HTX, the exchange linked to Justin Sun, marking a major step in the country’s effort to police unlawful crypto promotions.
As per the Reuters report, the Financial Conduct Authority (FCA) filed a civil lawsuit on Wednesday, October 22, in London’s High Court against HTX, previously known as Huobi.
The regulator claims the exchange promoted crypto services to UK consumers without proper authorization.
The case also names four unidentified individuals associated with HTX’s operations and marketing activities. The FCA stated that the action is part of its effort to protect consumers and maintain trust in the country’s financial system.
HTX, long associated with Tron…
