UK Financial Watchdog Initiates Legal Action Against HTX Exchange

The UK's financial regulator has filed a lawsuit against HTX for ongoing illegal crypto promotions on social media, ignoring previous alerts.

The financial regulatory authority in the UK has taken legal measures against HTX, a cryptocurrency exchange based in Panama, along with several unidentified individuals. This action comes in response to HTX's repeated illegal cryptocurrency advertising on social media platforms, despite having received prior cautions from the watchdog.