UK Regulator Takes High Court Action Against HTX Over Crypto Promotions

UK Regulator Takes High Court Action Against HTX Over Crypto Promotions

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The UK’s financial watchdog, likely the FCA, has initiated High Court proceedings against Panama-based HTX exchange and unspecified individuals. This legal action targets the persistent promotion of illegal crypto services on social media, following prior warnings.

UK regulator takes High Court action against HTX over crypto promotions

The UK’s financial watchdog sued Panama-based HTX exchange and unnamed persons for persistent illegal crypto promotions on social media despite prior warnings.