FCA Takes Action: Unauthorised Crypto Exchange HTX Sued for Targeting UK Investors
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The UK’s financial watchdog is taking a stand against an unregistered crypto exchange accused of targeting British consumers.
The Financial Conduct Authority (FCA) is suing HTX, a global platform advised by Justin Sun, for unlawfully promoting its crypto asset services in the UK.
This legal action serves as a critical reminder that HTX is not authorised to offer services in Britain, meaning consumers using it do so without the protection of UK regulators.
The FCA emphasized that the lawsuit is part of its ongoing effort to shield consumers from unregulated and potentially risky financial promotions.
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