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Yesterday, our industry witnessed something unprecedented. In the past, when a CEX faced negative news, users could still freely move their assets to another platform. But this time, many users discovered something alarming: They were not unable to leave HTX — they suddenly had nowhere to go. Following the UK sanctions-related concerns around HTX, some third-party risk-control systems broadly labeled wallets interacting with HTX as “high risk.” As a result, many normal users experienced: restricted transfers, blocked transactions, and in some extreme cases, frozen accounts on other platforms simply for depositing funds from HTX. This level of large-scale, indiscriminate risk control against ordinary users is unprecedented in crypto history. What makes this even more troubling is: HTX itself is operating normally. Trading, deposits, withdrawals, and OTC services are all functioning as usual. But somehow, the users became the problem. And that is something the entire industry should reflect on. Because the people being affected are not “HTX users” alone. They also trade on Binance, OKX, Bybit, Coinbase, and many others. They belong to the crypto industry as a whole. If concerns exist around a platform, then measures should target the platform itself — not ordinary users through broad collateral damage. At the moment, HTX withdrawals remain fully operational. Users can still move assets on-chain. But if users eventually feel safer keeping funds only on-chain, or exiting entirely through OTC markets, then this is no longer an HTX issue. It becomes a crisis of trust for all centralized exchanges. And in a market already struggling with weak confidence, this could cause lasting damage to the entire industry. To put it simply: Crypto can survive without HTX. But crypto cannot survive without user trust. We want to clearly state: HTX fully supports compliance efforts and is actively cooperating with all relevant parties to resolve misunderstandings as quickly as possible. We respect the need for exchanges to follow compliance requirements. But we also believe ordinary users should not become victims of flawed or overly broad risk-control systems. Therefore, we sincerely call on all exchanges and industry partners to: 1️⃣ Work together with third-party security and compliance providers to address the current situation affecting users, and improve industry-wide risk-control standards. 2️⃣ Implement more precise review mechanisms for normal users interacting with HTX, so legitimate funds and users are not unfairly impacted. HTX is fully willing to cooperate throughout this process. Finally, to everyone who still trusts HTX and continues to keep assets on our platform: Thank you. HTX will not run away. We will stay here, face the situation directly, and continue working until these issues are fully resolved.

To everyone in the HTX community concerned about the recent news, I’d like to clarify the situation and reduce unnecessary panic and misinformation. First, this is a relatively common compliance review process. We are actively communicating with all relevant parties to resolve misunderstandings as quickly as possible. HTX also sees this as an opportunity to further strengthen our compliance and risk-control systems, helping the platform become even more resilient. At present: Platform operations are normal User assets remain secure Deposits, withdrawals, and trading are functioning normally There is no need for excessive concern. For users asking what they should do right now, there are two options: 1️⃣ Do nothing You may simply wait while we complete communications with relevant parties and resolve the situation. HTX has operated for 13 years and has weathered multiple market cycles and industry challenges. We remain fully committed to protecting user assets and platform security. Our support team and I will continue to be available 24/7 to assist users. 2️⃣ If you still feel uncomfortable, you may temporarily withdraw assets on-chain Deposits and withdrawals are currently operating normally, and users are free to make their own decisions. ⸻ What happened? On May 26, the UK Foreign Office announced a new round of Russia-related sanctions under The Russia (Sanctions) (EU Exit) Regulations 2019. The list included 18 crypto-related entities and individuals, including a company named “Huobi Global S.A.” According to the UK statement, this entity allegedly provided financial services and technical support to the Russian exchange Garantex and the A7 crypto payment network. However, there is one very important point many people misunderstand: “Huobi Global S.A.” is not the same thing as the HTX exchange platform used by global users today. Many people equate a brand name with a legal operating entity, but global businesses often operate through multiple legal entities across different jurisdictions for compliance purposes. So: Sharing a similar brand name does NOT mean sharing the same legal entity, operational structure, or asset system. The HTX platform used by users today operates independently under its own structure. ⸻ Why users should not panic 1️⃣ The sanctions target a specific legal entity This is not a “brand-wide sanction.” The UK sanctions apply to a specific listed entity and do not automatically extend to all businesses using similar branding. The practical impact is also mainly limited to the UK financial and regulatory system. ⸻ 2️⃣ The sanctions mainly affect relationships inside the UK financial system This may include: Restrictions involving UK financial institutions Suspension of payment or intermediary relationships Asset-related measures within UK jurisdiction But this does NOT mean: Global user assets are frozen HTX has stopped operating Users cannot trade or withdraw funds At this time, the platform continues to operate normally. ⸻ Why did the situation escalate so quickly? Some third-party blockchain security providers applied broad risk labels to related wallet addresses in a “one-size-fits-all” manner. This affected certain normal user transactions and created unnecessary panic and speculation. Our compliance, security, and legal teams are already communicating with the relevant parties, and we expect the issue to be resolved soon. We understand the community’s concerns and will continue to communicate transparently. If you have any questions, please feel free to reach out to us or our support team anytime.

Great work from @tether, @trondao, and @trmlabs. The T3 Financial Crime Unit has frozen $450 million in illicit assets across five continents. A strong example of what public-private collaboration can achieve in digital assets.👇

Madonna's peaks on Billboard's Pop Airplay chart (chart began in October 1992) Erotica - #9# Deeper and Deeper - #2# Bad Girl - #26# Rain - #7# I'll Remember - #2# Secret - #3# Take A Bow - #1# Bedtime Story - #38# Human Nature - #30# You'll See - #7# You Must Love Me - #23# Don't Cry For Me Argentina - #7# Frozen - #4# Ray of Light - #13# The Power of Goodbye - #18# Nothing Really Matters - #25# Beautiful Stranger - #8# American Pie - #16# Music - #2# Don't Tell Me - #4# What It Feels Like For A Girl - #14# Die Another Day - #4# American Life - #27# Me Against The Music - #11# Hung Up - #17# 4 Minutes - #5# Give Me All Your Luvin' - #24# Girl Gone Wild - #38# Living For Love - #36# Popular - #14# Bring Your Love - #26# (still charting)

Crypto is not a safe haven for illicit finance. 📊 ~11% of illicit crypto volume was seized in 2025 – 55x the recovery rate for fiat. That figure comes from publicly reported actions by Tether, Interpol, the T3 Financial Crime Unit, and others — not a single agency estimate. 📌 For context: The UNODC estimates less than 1% of illicit fiat flows are seized globally each year. Even stripping out the Prince Group case alone (~US$15B in BTC), the remaining 2025 crypto seizures still run at roughly 10x that fiat baseline. 🔍 SlowMist and PeckShield tracked 8.3%–13.2% of stolen funds recovered or frozen in 2025 — reflecting fast incident response and tight coordination between exchanges, issuers, and law enforcement. The bottom line: Crypto crime isn't solved. But the idea that crypto is uniquely hospitable to illicit activity is increasingly a myth. Blockchain is transparent by design. Regulators and investigators are finally using that to full effect.

GM ☕️ 大仓位想了一下，我现在偏向看空，Trump 访华这阵子准备减仓 & 开点点空 & 留现金。 我发现我自己很少聊大盘，因为比较菜🤣。 1. 宏观双杀——4 月 PPI 6% 创 3 年新高、30Y 美债破 5%、沃什 54:45 接 Fed 主席（Bitwux 翻历史：新主席上任后 BTC 平均跌 60-84%）。降息梦碎，加息预期都被重新摆上桌了。 2. Trump 访华利好已 price in，总感觉这种「最后一波利好」的事情我之前经历过很多次了…… 我自己的实操： - 小币种目前仓位较大的就只剩下 solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp $哈基米 - 一部分仓位继续跟单 @coinkarma_ 当作跑赢 BTC 的一种投资基金（专业的事儿交给专业的「基金经理」🤓」 - 大概已经清空到 85% 仓位的 U 在手里，留弹药等着多买点 bitcoin:native - 剩下的就是，链上有啥我玩啥，链上没东西玩我就去玩 TCG 🤣 PS：原来公开看空是这个感觉，猜错了就是小丑🤡 @frozenraspberry 玩儿股票带带我啊！