Crypto
Home›Crypto›Regulation›HTX rotates wallets to evade UK sanctions screening, T…
HTX rotates wallets to evade UK sanctions screening, TRM Labs says
The UK sanctioned HTX’s parent exchange in May over alleged support for Russian sanctions evasion, according to The Block.
UK authorities sanctioned the crypto exchange HTX in May for its alleged role in facilitating Russian sanctions evasion, The Block reports.
The Block also cites TRM Labs, saying HTX keeps rotating wallets as a tactic to try to evade UK sanctions screening.
The developments add to scrutiny of how exchanges handle compliance checks related to sanctioned activity, particularly where sanctions evasion is alleged.
← Newer storyIndonesia restarts Tuna gas project in North Natuna SeaOlder story →Gold rises despite higher yields and more hawkish rate expectations