HTX (CRYPTO: HTX) advisor Justin Sun assured full legal compliance after the U.K.

British financial institutions are now barred from doing business with the firms—and may face penalties for interacting with crypto transactions that pass through them.

The UK announced sanctions against HTX, formerly Huobi Global, as part of a crypto-focused package in response to Russia’s government using “dark networks and shadow financial…

HTX (CRYPTO: HTX) advisor Justin Sun assured full legal compliance after the U.K.

U.K. authorities sanctioned HTX, saying there were "reasonable grounds to suspect" the crypto exchange was helping Russia by cooperating with ruble stablecoin A7A5.

The UK sanctioned crypto exchange HTX due to alleged ties to Russian sanctions evasion networks and illicit financial activity.