{"id":9113,"date":"2026-06-01T01:59:48","date_gmt":"2026-05-31T22:59:48","guid":{"rendered":"https:\/\/handoli.com\/index.php\/2026\/06\/01\/htx-misrepresents-huobi-global-s-a-after-uk-sanctions\/"},"modified":"2026-06-01T01:59:48","modified_gmt":"2026-05-31T22:59:48","slug":"htx-misrepresents-huobi-global-s-a-after-uk-sanctions","status":"publish","type":"post","link":"https:\/\/handoli.com\/index.php\/2026\/06\/01\/htx-misrepresents-huobi-global-s-a-after-uk-sanctions\/","title":{"rendered":"HTX misrepresents Huobi Global S.A. after UK sanctions"},"content":{"rendered":"
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Recently, the United Kingdom Foreign, Commonwealth, and Development Office sanctioned an entity called \u201cHuobi Global S.A.\u201d for its alleged role in \u201cproviding financial services\u201d to firms that are \u201ccarrying on business in a sector of strategic significance to the government of Russia.\u201d<\/p>\n

Specifically, it alleged that this entity was interacting with what is commonly referred to as the A7 Payment Network, which includes the A7A5 stablecoin.<\/p>\n

Additionally, Huobi Global S.A. was allegedly interacting with the Russian cryptocurrency exchange Garantex.<\/p>\n

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HTX is aware of the recent developments regarding the UK sanctions designations. The HTX exchange is committed to full compliance with all applicable laws and to cooperation with law-enforcement agencies worldwide.<\/p>\n

The UK\u2019s designation arrived today without prior notice or any\u2026<\/p>\n

\u2014 HTX (@HTX_Global) May 26, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Read more: UK sanctions HTX for alleged Russian sanctions violations<\/a><\/em><\/p>\n

HTX has publicly responded to these allegations by claiming, \u201cthe listed entity Huobi Global S. A. is distinct from the online HTX exchange.\u201d<\/p>\n

It further claimed that \u201cthe designation does not and should not have any impact on the online HTX exchange. HTX\u2019s global operations remain unaffected, and all user funds are safe.\u201d<\/p>\n

However, this update minimizes the extensive role that Huobi Global S.A. has served for HTX.<\/p>\n

What is Huobi Global S.A.?<\/h2>\n

Huobi Global S.A. is a Panamanian incorporated<\/a> entity that was incorporated on May 19, 2023.<\/p>\n

This entity lists Huobi Global Limited as one of its directors.<\/p>\n

That\u2019s not the only connection to the HTX exchange, as Huobi Global S.A. is also the trademark holder<\/a> for the HTX trademark in the United States.<\/p>\n

However, the most striking connection comes from a legal filing related to Huobi Global S.A.<\/p>\n

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HTX hacked week after Poloniex \u2014 now Justin Sun only posts as AI<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Read more: Justin Sun\u2019s Poloniex added to UK regulator warning list<\/a><\/em><\/p>\n

Specifically, on February 2 of this year, Huobi Global S.A. filed<\/a> a claim in the District Court for the District of Columbia. This claim was for tether tokens that had been burned and was related to the 2023 hack of HTX and the HECO bridge.<\/p>\n

In this claim, lawyers for Huobi Global S.A. described it as the entity that \u201cowns and operates HTX\u2026and is the developer of the Huobi Eco Chain.\u201d<\/p>\n

So, mere months before HTX would publicly insist that \u201cthe listed entity Huobi Global S. A. is distinct from the online HTX exchange,\u201d it was insisting in legal filings that it \u201cowns and operates HTX.\u201d<\/p>\n

Protos has reached out to HTX for comment, but it didn\u2019t immediately respond.<\/p>\n

Got a tip? Send us an email securely via\u00a0<\/em>Protos Leaks<\/em><\/a>. For more informed news and investigations, follow us on\u00a0X<\/a>,\u00a0<\/em>Bluesky<\/em><\/a>, and\u00a0<\/em>Google News<\/em><\/a>, or subscribe to our\u00a0<\/em>YouTube<\/em><\/a>\u00a0channel.<\/em><\/p>\n

The post HTX misrepresents Huobi Global S.A. after UK sanctions<\/a> appeared first on Protos<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Recently, the United Kingdom Foreign, Commonwealth, and Development Office sanctioned an entity called \u201cHuobi Global S.A.\u201d for its alleged role in \u201cproviding financial services\u201d to firms that are \u201ccarrying on business in a sector of strategic significance to the government of Russia.\u201d Specifically, it alleged that this entity was interacting with what is commonly referred […]<\/p>\n","protected":false},"author":1,"featured_media":9114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[147],"tags":[],"class_list":["post-9113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest"],"_links":{"self":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/comments?post=9113"}],"version-history":[{"count":0,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media\/9114"}],"wp:attachment":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media?parent=9113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/categories?post=9113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/tags?post=9113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}