UK FCA files legal lawsuit against HTX, accusing it of illegal marketing of crypto services

2026-02-12 03:27:23

Abstract generation in progress

Odaily Planet Daily reports that the UK Financial Conduct Authority (FCA) has filed legal action against the cryptocurrency exchange HTX, accusing the company of continuing to promote crypto asset services to UK consumers in violation of financial promotion rules.

The FCA stated that HTX has published illegal marketing content on platforms such as TikTok, X, Facebook, Instagram, and YouTube. Despite previous warnings, HTX has not ceased its violations. Currently, the FCA has requested social media platforms to block HTX accounts targeting UK users and has asked Apple and Google app stores to remove the HTX application.

Additionally, the FCA pointed out that HTX’s organizational structure is opaque, and multiple attempts at communication have gone unanswered. HTX has now been added to the FCA warning list, meaning UK users will not be protected by financial dispute resolution services if they suffer losses.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.