United Kingdom’s Financial Conduct Authority (FCA) has filed a lawsuit against digital asset exchange HTX, formerly known as Huobi, accusing the platform of unlawfully promoting cryptoasset services to consumers. HTX is tied to Justin Sun, who serves as an adviser.

HTX breached the country’s financial promotions regime by targeting UK users without proper authorization or registration. HTX had been previously warned on multiple occasions going back 2023.

“The FCA has commenced civil proceedings in the High Court against HTX, a global crypto exchange, for unlawfully promoting cryptoasset services to UK consumers,”.

Violations constitute a criminal offense, carrying penalties of up to two years in prison, an unlimited fine, or both. https://cryptonews.com/news/fca-moves-against-htx-in-london-over-illegal-crypto-promotions-warning-to-other-exchanges/ #Crypto #CryptoExchanges #HTX #UK #UKFCA #CivilLawsuit #Lawsuit #CryptoCurrencies #DigitalAssets

Nominations for Best Director by the UK Film Critics Association:

- Emerald Fennell – Saltburn
- Jonathan Glazar – The Zone of Interest
- Christopher Nolan – Oppenheimer
- Martin Scorsese – Killers of the Flower Moon
- Celine Song – Past Lives

#UKFCA #FilmCritics #BestDirector