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flag UK regulator sues HTX crypto exchange for unauthorized UK operations and rule violations.

flag The UK's Financial Conduct Authority has sued HTX, a global crypto exchange formerly known as Huobi, over allegations of unlawfully promoting digital asset services to UK consumers without proper authorization. flag The FCA claims HTX violated financial promotions rules, operates without a license, and remains on the regulator’s warning list. flag The case, filed in London’s High Court, targets HTX and four unnamed individuals linked to its operations. flag The action underscores the FCA’s enforcement of new 2023 rules requiring crypto firms to be authorized and registered under anti-money laundering laws. flag HTX, advised by Tron founder Justin Sun, has not responded to requests for comment.

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