HTX

Maddie969

Disgraceful platform stealing customers funds locked up my funds of $23 making me contact office of some governors to release $23!!!. I traded with HTX since 2021 and now I’m tangled in your nonsense politics, I’m sick of this bullshit. I opened account under EU entity, I do not follow your political bs that cut off was May, so before May was good money and now it’s not? You are the real thieves, there is nothing wrong with HTX. If using their platform was such an issue then why didn’t you provide a warning on your wallet page to not transfer funds that were previously in HTX? You couldn’t care less for customers to get their funds locked, you gladly accepted a deposit for customers to lose their money. I demand you release my funds back with immediate effect

quintavious_danilo

Mexc along with Gate.io and Huobi HTX are the shadiest exchanges that everyone knows are sketchy as fuck, I only used Mexc because they had no KYC. I don’t use them anymore since KYC is now mandatory but at the time I didn’t run into any problems.

Most-Club-254

That's not how it works in real life. People are having their accounts nuke over a tiny usdt deposit from HTX that became recently sanctioned.

Legitimate_Form5449

a few cents can freeze crypto accounts: kraken dust attack linked to htx {formerly huobi} wallets \[HTX-linked transfers\]

Klutzy_Grapefruit_96

Nexo has been freezing my BTC since early June following a transfer from HTX—which I had originally transferred from Nexo just a few hours prior. I am still waiting for the funds to be released. They keep claiming they are waiting for regulatory framework changes, but nothing has materialized yet

Capital_Situation961

At the very least, they should have frozen the funds. The bitcoin had already been identified and marked as stolen. I had filed a police report, and the theft and relevant addresses had been reported to four different blockchain/security organisations. There was more than enough information to justify intervening and investigating. Nobody was asking HTX to simply take my word for it and send me the bitcoin. Freeze the funds, preserve the evidence, contact the relevant authorities and establish what had happened and who was legally entitled to them. That is what I believe an exchange should do when it receives credible warnings that identifiable stolen assets are being deposited on its platform.

skyclouding101

After the repeated warnings to HTX, they should've done what was to cease outgoing transactions to a different wallet. They should be locking the funds. Contact the security organizations and ledger on how to safely return the BTC to its rightful owner.

Capital_Situation961

No. Both then and now, I have no indication that Huobi/HTX was actually based in China.

confusedguy1212

So you do agree that if the number of hands are minimal it stands to reason that we should expect HTX to do the right thing and at the very least halt the transactions and freeze the coins until such a time that it is made clear who really owns the coins.

After_Network_6401

The problem is that while you informed them, I’m assuming that they had no way to validate your claim. Callback scams, where people transfer funds and then claim that the funds were transferred by mistake, or fraudulently, are distressingly common these days. So I understand your point (and sympathise - on the face of it, it seems completely unreasonable that a transfer can go ahead when you have asked for it to stop). But I can understand why your request had no effect: the larger exchanges handle literally hundreds of millions of transactions a day: they don’t have the resources to retrospectively check them. Transactions are automated, so validation occurs when the transaction is initiated. Even in tradfi transactions, it’s virtually impossible to stop a transaction once it’s initiated (typical investigation time is days not hours, unless you can get a police order). Anyway, though I doubt shaming HTX will have any effect - they’re a pretty sketchy bunch, from what I can gather, I do sincerely hope that your book gets enough traction that it helps you recoup some of your losses. Good luck!

Aazimoxx

Except in this case it sounds more like you're going to Western Union trying to tell them to accept those notes and hold them for you, not going to bank A. OP didn't specify how many hands it went through before it hit HTX.

Capital_Situation961

Thanks, and yes, that’s pretty much how I see it too. The browser layer created an attack surface I didn’t appreciate enough at the time. I haven’t explored Chinese subreddits yet, but that’s actually a very good suggestion. Finding someone with local knowledge of HTX’s ownership structure and corporate links could be extremely useful. ZachXBT-style sleuthing, but closer to the source.

tenor_tymir

Yeah, it’s getting clearer now, thanks for bearing with me, just trying to learn as much as I can for my own security. It seems that involving a third party program like Chrome opened up an attack vector that could have been avoided by using solely the wallets own software. Again, it ducks that this happened to you and I hope you get your stash back - or what’s left. Have you tried any Chinese subreddits? Are there any? I don’t even know. If you dig deep enough there might be some white hats like ZachXTB but Chinese? to help trace the ownership entity of HTX.

Scottex99

FinProm is a load of bollocks, it won’t protect retail plebs and it makes it hard to do business with UK based firms/individuals But yep no doubt HTX are inherently dodgy and no doubt have broken all sorts of regs that they should be adhering to GL trying to get your funds back though 👍

After_Network_6401

You ask the question “*what responsibility does a centralized exchange have when specifically identified proceeds of a reported theft arrive under its control and it is warned while this is happening?*” And you’re getting the answer “Whatever can be enforced” which in this case is probably nothing. In response to any legal challenge, HTX will almost certainly respond that they’re an exchange, not a bank, and that exchanges are not liable when a user willingly authorizes a transfer. Which, by entering your seed, you did. The exchange will say that if you claim that you have been defrauded, then you need to pursue criminal charges against the fraudsters, not dump it on them. And legally, they’re correct. They have no legal obligation to make you whole, and they are not going to. I’m not unsympathetic. I can imagine how this feels. But it’s inherent in the way crypto works. There is no mandated customer protection, and there are no recovery funds, no guarantees for private transactions.

ElGuano

With all due respect, I think that is as delusional as it is optimistic. Do you think HTX is trying to pass themselves off as some kind of internationally regulated, respected bank? Do you think they are not ignoring freeze requests from banks, governments and peer exchanges for much more value in crypto *every single day*? Do you think they have not already been in this situation before and have already found they can ignore or handwave it away? You think you have some kind of Trump card or ace up your sleeve with that? Oh boy. I’m really sorry to say I don’t think you are holding onto any hand with value. If you came to me with a foreign court order on anything, I would tear it up and throw it away without reading it. “You can do whatever you want with the press in your country, but the fact remains that has zero jurisdiction on me, if you want redress you can come to my country and deal with my courts.”

Capital_Situation961

I hear what you’re saying, and you’re probably right about how HTX sees this. But if I reach the point where there are no meaningful legal avenues left, I’m in the fortunate position of having another option: bringing the full story, the evidence, the real-time warnings, and the unpaid UK High Court judgment to international media and letting HTX explain its position publicly. That may not make them care about me. But it may give them a reason to care about the story.

Ok-Tip6543

It must have been a hard battle, also itd UK court and Huibi/HTX is Russian :s i dont knos hos will that work out... i saw exchnages are cracking down on Huibi's money laundring

PSiggS

Fuck HTX

kimsabok

"identifying the legal entity that currently owns and operates HTX is actually part of the problem." problem for you. and understandably so. but maybe, its actually a good thing long term for other/most people.

Vandeskava

HTX is not responsible of paying you. Other than facilitating resale of the BTC they have nothing to do with you. Google is the very responsible of the matter. They let scam website and apps live on their platform.

Mammoth_Park7184

IF you have a judgement can't bailiffs go in now and threaten to remove 2 million quid's worth of assets or are they pretty much assetless in the UK?...although i assume this "In 2026, HTX was sanctioned by the UK government and the European Union." causes issues too.

Capital_Situation961

It could work both ways. Strictly speaking, HTX hasn’t been “sanctioned” in the UK in the financial-sanctions sense. The FCA has taken them to the High Court over unlawful financial promotions and has publicly stated that HTX ignored repeated attempts by the regulator to engage with them. For me, that is potentially helpful because I already have a UK High Court judgment against Huobi. Having the UK regulator itself pursuing HTX and raising questions about its opaque corporate structure certainly doesn’t hurt my position. On the other hand, increased regulatory pressure could make recovery harder if HTX retreats further from the UK or moves assets and operations into even more difficult jurisdictions. So I don’t know yet whether it increases the chances of actually recovering the money, but it definitely makes the situation more interesting.

CarefulSun6782

Isn’t it a Chinese exchange? I bet a CEX regulated by UK or US would have froze the bitcoin. Why did OP go with sketchy Huobi/HTX? 

Capital_Situation961

That is exactly the route I’m working on now: identifying jurisdictions where the UK High Court judgment can be recognised and enforced, and where HTX, or an entity connected to it, has a regulated or otherwise enforceable presence. The challenge is finding the right combination of legal recognition, a reachable corporate entity and assets. But yes, the idea is essentially to take the judgment somewhere HTX cannot simply ignore it.

BetterSeesaw

And did you ever see that 1.95 million back from HTX?

TheresNoSecondBest

Active doesn't mean they legally operate in the country. Otherwise FCA wouldn't need to deal with the court at all. HTX clearly isn't regulated in the UK, that's why they can ignore your requests. Now that I think about it, perhaps a good approach would be to find a country, the UK judgments are recognized and at the same time the exchange is regulated in, find lawyers there and pressure HTX from that angle.

mvds74

If he followed the golden rule, he wouldn't have this problem in the first place. And the phrase "into what I believed was a legitimate Trezor page" doesn't change a thing in this whole story. You don't enter your recovery phrase into a website, ever! It's so simple. Regarding the exchange, OP is UK based and the exchange is Chinese. HTX follows Chinese law, not UK law. It's really not that difficult to explain.

bammers1010

HTX seems shady af

errezerotre

I suppose you already know of the Panama branch. Besides asking Panama and Seychelles to recognize your order you can ask for a WFO (wordwide freezing order), but as for as i can understand HTX is already a rouge exchanger operating without westeners banks

Capital_Situation961

The defendant in my case was an identified legal entity, so the High Court did have a proper defendant before it. The problem came afterwards. The corporate structure around Huobi/HTX changed, and enforcement now means identifying where the relevant assets are and which entity currently controls the exchange. Interestingly, the UK FCA is now running into the same opacity. In its current case against HTX it has had to sue not only a named Huobi entity, but also “persons unknown” who currently own or operate the exchange. So you’re right that cross-border enforcement is the hard part. But that doesn’t make the judgment meaningless. It makes finding something you can actually enforce it against the real challenge.

Capital_Situation961

That’s exactly where the difficulty starts. Sending enforcement officers to a business address works if you have an identifiable company with an office and assets at that address. With HTX, even establishing which legal entity currently operates the exchange and where its recoverable assets are located has proved remarkably difficult. My lawyers are working on enforcement now. Getting the High Court judgment was one battle. Enforcing it is turning out to be another.

Capital_Situation961

That used to be the case, but the Seychelles entity is no longer the straightforward answer. The corporate structure has changed, and identifying the legal entity that currently owns and operates HTX is actually part of the problem. Even the UK FCA is now pursuing “persons unknown” in its case against HTX because of the lack of clarity over who currently owns and operates the exchange.

Siebster47

HTX has been known to purposefully hide their operational legal entities. They operate without licenses in a jurisdiction that would cooperate with international law enforcement.

Siebster47

They say they are. But they have never been granted a license there. They are globally considered a non-compliant entity with regards to AML for a reason and OP's case is an example of why. Here is a warning released by the Seychelles Financial Regulator. They explicitly state no licence was ever granted at the time of the alert (2023): https://fsaseychelles.sc/media-corner/regulatory-updates/alert-huobi-global-limited-194155 Here is the current official list of the exchanges registered in Seychelles jurisdiction. HTX/ Huobi has never been in them: https://fsaseychelles.sc/vasp/licensed-vasps Htx/ Huobi has recently been sanctioned in UK, US, EU... This shows that, even when coins ended up with an exchange, it doesn't mean it will cooperate. Criminals effectively use HTX as a mixer, because international law enforcement agencies won't receive KYC details from the entity. Depositing the to HTX was probably a conscious part of their plan.

Capital_Situation961

They are active in the UK. In fact, the UK Financial Conduct Authority is currently taking HTX to the High Court for illegally promoting its crypto services to UK consumers. I do understand that a UK judgment is not magically enforceable everywhere. That’s exactly why enforcement has become such a complicated part of the case. But saying the judgment is only relevant if HTX is legally established in the UK is too simplistic.

Capital_Situation961

That’s interesting. Do you have a source for HTX currently being operated by a Chinese legal entity? Huobi was founded in China, but identifying the legal entity that actually owns and operates the exchange today is precisely part of the problem. The UK FCA is now facing the same issue and has brought proceedings against a Panamanian Huobi entity as well as “persons unknown” because the identity of the current owners/operators of HTX is unclear. If you have information showing that a UK judgment against HTX can actually be recognised and enforced against an identifiable entity in mainland China, I’d genuinely be very interested to see it.

errezerotre

HTX (former huobi) is a Chinese exchanger with the legal address in the Seychelles. It is illegal as per the financial authority of the UK, and they will not comply with a uk order. You need a court from the Seychelles to recognize and enforce your english court order.

Capital_Situation961

I wish it were that simple. Seychelles is certainly part of the story, but figuring out which legal entity actually owns and operates HTX has been anything but simple. Even the UK’s Financial Conduct Authority is currently suing a Huobi entity in Panama alongside “persons unknown” because the identity of the current owners/operators of HTX is unclear.

anonymous-12358

A quick google search gives the answer unless it’s outdated. HTX is hosted in Seychelles.

TheresNoSecondBest

>UK High Court. >Huobi, now HTX The UK court would be worthy ONLY if HTX is or trying to legally operate in the UK. Your lawyers should explain this to you long time ago. UK court verdict is just a piece of paper in many other countries.

anonymous-12358

Do you not have to now work with lawyers local to where HTX is based (Seychelles) ? As far as I understand, the UK does not have jurisdiction. But the authorities in Seychelles do.

Patient-Jaguar-736

I mean, if you can prove that the BTC deposited into HTX was stolen and provide them with the necessary details and evidence, then I guess they should be able to look into it and potentially freeze or recover the funds. HTX has previously reported freezing stolen assets linked to external theft cases.

Capital_Situation961

I actually did get lawyers involved. After several years of litigation, I won a UK High Court judgment ordering HTX to return/pay approximately £1.95 million. The problem isn’t getting a judgment anymore. It’s enforcing it against an exchange that simply hasn’t complied. And yes, entering the seed was a terrible mistake. I knew better then, just as I know better now. That’s what makes the whole experience so difficult to explain.

Capital_Situation961

Ik zou hier niet defensief reageren. Hij weet duidelijk niet dat je **al jaren advocaten hebt, de rechtszaak hebt gewonnen en een vonnis van bijna £2 miljoen hebt**. Dat is het interessante antwoord. I actually did get lawyers involved. After several years of litigation, I won a UK High Court judgment ordering HTX to return/pay approximately £1.95 million. The problem isn’t getting a judgment anymore. It’s enforcing it against an exchange that simply hasn’t complied. And yes, entering the seed was a terrible mistake. I knew better then, just as I know better now. That’s what makes the whole experience so difficult to explain.

Capital_Situation961

Yes, in a legal sense it did. The court ruled in my favour. The problem is that obtaining a judgment and actually enforcing it are two very different things. HTX has still not complied.

Hoax__

Not a tumbler/mixer. Instant swapping services are like FixedFloat or ChangeNow. Basically they’re services that allow you to swap crypto for another crypto like BTC to XMR. Smaller instant swappers ‘nest’ within exchanges as they don’t have enough liquidity of their own. For example, CoinCradle, another swapping service, nest within HTX. - But yes, if it goes into a mixer, it’s unlikely to be traced any further

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Post is by: Wise-Risk2936 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ve6jqg/we_tracked_238_markets_across_11_exchanges_for_19/ Funding arbitrage — short a perp on one venue, go long the other leg on another, collect the funding spread — is the most advertised "delta-neutral yield" in crypto. Every dashboard sells the same picture: 30–80% APR, basically every day. Free money, on screen. We wanted to know how much of that survives contact with real execution. So we recorded funding, order books and fees for 238 markets (13 assets across 11 venues: Binance, Bybit, OKX, Bitget, Gate, KuCoin, HTX, MEXC, Hyperliquid, dYdX, Paradex) every few seconds for 19 days. Then, instead of screenshotting the peak APR, we replayed what a disciplined trade would actually earn. The rule. Enter only after a carry has held above 6% gross APR for 24 continuous hours — a deliberately low bar, meant to catch carries that last, not 40-minute spikes. Enter at the end of that window (no hindsight). Hold while it keeps paying at a real $10k fill (slippage included). Net realized = funding collected − round-trip cost. 1. Perp–perp, cross-venue. 435 carries cleared the 6%/24h bar, 413 (95%) executable at $10k. 0 of 435 repaid their round trip. The best one missed break-even by basis points. This isn't missing edge — it's fees: switch taker→maker and 3 barely clear. The spread is real; the round trip eats it. 2. Cash & carry (short perp + long spot, same venue). A weeks-long position, so we measured it honestly: hold every entry to today and ask "is cumulative funding ≥ round-trip cost right now?" 205 entries, all executable. 0 above break-even at taker fees (at maker, two clear — barely, and both are still open). Median cumulative funding: −0.4% of notional. Different strategy, same wall. 3. The weirdest thing we caught. HTX showed ZEC spot at −380 bps vs everywhere else — a monster arb on any raw table. ZEC withdrawals there were suspended; the "opportunity" was the market pricing the risk you can't get your money out. A scanner that doesn't check withdrawal status sends you straight in. 1 of 239 markets, filtered automatically. Caveats, stated plainly. 19 days, one funding regime, $10k size. A sustained high-funding regime could change the perp–perp picture — which is exactly why we keep measuring. But on real order books, in this window, the loud APR did not survive its own execution. This is not "funding arb is dead". The spreads are real and opportunities do show up — but there is no free lunch: after fees, slippage and rate decay, what's left is smaller and rarer than advertised, and never risk-free (the ZEC case above is what "risk-free yield" looks like up close). The gross number is the ad; the net number, at your size, after the round trip, is the trade. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Dmitry8Gorbatenko

Final Update: HTX support abandoned the ticket by switching to automated templates claiming 'no purpose for refund,' despite full on-chain Solscan verification proving the return arrived at their system address. Case officially escalated to the Seychelles FSA and regulatory authorities.

Dmitry8Gorbatenko

https://preview.redd.it/fm71ussaecgh1.png?width=1152&format=png&auto=webp&s=8f01f89cc61cfc7f1bf4516e301227a93f69e9e1 Update: HTX's automated support system just sent another canned response demanding a two-device video recording of a login screen, completely ignoring the public Solscan link showing 32.25 USDT sitting in their system address. Still waiting for an actual human specialist to look at UID 389706153.

RMAdenied

Try either of these exchanges if you decide to undergo KYC: Poloniex, KuCoin, MEXC, Kraken, [XT.com](http://XT.com), HTX, Bitfinex, Azbit.

Schwoanz

So who‘s next? Bitget, KuCoin, HTX, MEXC?

SnowBro2020

I couldn’t agree more with this. My account got randomly locked with no sort of message or information because I received a deposit from someone using HTX… After several rounds of back and forth, I finally got in touch with someone who could help me. They fixed it but said that if I get more deposits from someone on HTX, my account may be closed. Seriously wtf… how am I supposed to know where it’s being sent from

TrickyGazelle6700

Реферальный код HTX «bt288223» — выгодный старт с бонусами и сниженной комиссией Искал рабочий реферальный код перед регистрацией и решил воспользоваться bt288223. Активация прошла без каких-либо сложностей, а обещанные преимущества сделали первое знакомство с платформой заметно приятнее. Если планируете открыть аккаунт, этот код может оказаться полезным.

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Post is by: Nephemeral and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uex3st/coinw_exchange_issue/ Today, I transferred about 2000 BAT and 4 LTC from HTX exchange to CoinW. I'm new to CoinW and the exchange looked decent. The BAT transfer went through fine, so I went ahead with the LTC, but the LTC transfer was flagged by their AI due to high risk. I was asked to provide a video of the source of funds, and put $5 USDT in my CoinW account so they can send the funds back. I did everything they asked for, but they also asks for my personal ID and pictures. I mentioned to them that I am currently in a position where my assets have been taken without a clear or justified reason. Under these circumstances, I am not willing to submit additional personal documentation until my funds are returned to my wallet. I have already provided all the information necessary to verify the legitimacy of this transfer. The funds originated directly from my personal account on HTX, a major, regulated exchange. They did not come from a "high-risk" or externally flagged wallet address. I suggested that their AI risk-scoring platform may be misinterpreting this transaction. I would ask that you manually review the source address rather than relying on an automated flag, as the evidence clearly shows a clean, exchange-to-exchange transfer. Most likely, they scammed my 4 LTC, and I won't be getting it back. It not much, so I'm fine with it, but just FYI to everyone else to stay away from CoinW exchange due to their system can randomly flag your deposit and confiscate your funds. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

beardgangwhat

Most on-chain options are coin coin and native BTC is kind of its own ecosystem. HTX isn't bad, but tbh if you're okay with KYC and you're gonna move the BTC off the exchange anyway, using one of the big exchanges shouldn't be an issue. Buy BTC with the USDT withdraw it then hw wallet. If you're tryna avoid that: Take this with a grain of salt as I haven't used it myself, do your own research, but MetaMask's mUSD might be worth looking at. If the person paying you can send mUSD instead of USDT, you can receive it directly in a MetaMask wallet rather than dealing with a CEX. Butttt metamask would be wrapped BTC so maybe I'll shush

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Post is by: Icy_Win_6945 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tybd1n/htx/ I've seen a lot of discussions about HTX, including here, but I never thought I'd run into the same problem. My account and funds were blocked, and support isn't giving a concrete answer and just keeps giving me vague answers. I've been working with them for a long time, but I thought this situation couldn't possibly happen to me. Have you encountered something similar with HTX, and what did you do? I want to unblock my account. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Prior_Parsley3960

# In brief * The U.K. sanctioned HTX and other crypto firms over alleged ties to Russian sanctions evasion networks. * British institutions are now barred from doing business with HTX, and may have to freeze transactions linked to the exchange. * HTX owners/advisor Justin Sun is currently tied up in a legal feud with the Trump family’s crypto firm.

WiselyConstant

Wild read.. been following crypto since college and this kind of investigation always blows my mind. The way these operations work is crazy sophisticated but then they mess up with basic opsec like leaving 6000 lines of unencrypted Skype logs That Garantex connection makes so much sense - I remember reading about them getting sanctioned but never knew they were basically the go-to for Russian cybercrime. The nested exchange thing with Kyrrex is pretty clever too, makes tracing funds way harder when everything just looks like it goes to HTX Curious how many other operations like this are running that we dont know about. If this guy has been doing this for a decade and researchers only caught part of it, there's probably tons more flying under radar

Long_Illustrator_988

Has anyone used HTX? They appear to not require KYC, and they offer a couple tokens I can't find elsewhere as a US person. I don't plan on holding funds there long-term, but should I be able to trade and then withdraw my money without them freezing it?

Hannahshear

bro who tf uses cardano now I'm not even sure they have bridges on ADA. Better check a high limit now kyc oversees exchange like HTX to swap ADA to any other crypto and withdraw

Hannahshear

Check HTX, they have around up to 3BTC non KYC limit

borg_6s

Maybe he can ask his buddies at HTX, Poloniex, and the Tron Foundation.

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Post is by: nmateofr and the url/text [ ](https://goo.gl/GP6ppk)is: /r/Monero/comments/1rpst8j/monerorun_2026_public_audit_of_xmr_reserves_on/ **MoneroRun** \- traditional independent annual public audit of XMR reserves Withdraw your XMR coins before April 18th and keep them in your own wallet at least for the whole day! (from 00:00 to 23:59 UTC) ... and this way celebrate Monero's birthday 🎂! Tiny ants can do big things together, so it's up to you too! ... because exchanges will not do this voluntarily on their own. Please promote this event and don't forget to share your experience (of our joint audit) here in Monero's reddit on April 18th. Notes: * *Gate publicly confirms all its coin reserves ... except XMR ... so don't touch and run away forever.* * *Poloniex and HTX fail this audit nearly every year (and of course they excuse themselves with "necessary maintenance".) In addition, they tend to have problems with daily coin withdrawals and with decoupled price ... In the past, they closed withdrawals for months ... so don't touch and run away forever ... MEXC and Coinex often has similar problems.* * *Most of the instant exchanges are only connected to some CEx, so all the problems of CEx are automatically transferred to the customers. So, prefer an (instant) exchange that has its own coins like WizardSwap, BitcoinVN, ... or just use RetoSwap.* * *Almost all exchanges that completely delisted Monero had problems with customer payouts, most notably Binance, which immediately shut down withdrawals (and artificially lowered the price to $100)* *after the announcement ... then delayed and tricked customers for many months ... It is therefore clear that most of the coffers are empty.* This post has been removed from the WallStreetBetsCrypto and CryptoMarkets subreddits (by their moderators). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: Far_Spread_8229 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rcddfb/615m_whale_liquidation_on_htx_reminder_how_brutal/ BTC dropped from \~67.6k to \~64.2k and a single whale got liquidated for $61.5M on HTX. One move. Minutes. Position wiped. Total liquidations today were around $468M, mostly longs. Open interest also dropped sharply, which tells you how crowded the upside trade was. This is the part people underestimate about leverage: If you’re 10x long and BTC moves \~10% against you, you’re done. No recovery. No second chance. If you’re spot and BTC drops 10%, it hurts, but you still own the asset. Time becomes your buffer. Not saying leverage is evil. But the margin for error is tiny, especially in a choppy market like this. do you still use leverage in this environment? Or have recent liquidations pushed you back to spot-only? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

SewLite

Since people would rather act dense than helpful: The shift from "no ID needed" to "mandatory KYC" (Know Your Customer) didn't happen overnight; it was a slow tightening of the noose that peaked between 2019 and 2021. The KYC Timeline: From Privacy to Paperwork * 2014–2018: The "Wild West" Phase Most exchanges allowed you to trade and withdraw significant amounts (often up to 2 BTC per day) with just an email address. * Gemini: An outlier—as a NY-based trust company, they required KYC from day one (2015). * Poloniex/Binance: You could trade almost anonymously as long as you didn't touch "fiat" (government cash). * 2019: The Turning Point The FATF (the global financial watchdog) released new "Travel Rule" guidelines in June 2019. This forced exchanges to start collecting user data. * Poloniex: In late 2019, they spun off from their US parent (Circle) and essentially told US users to leave or verify. * Binance: They launched Binance.US in 2019 to separate US users from the global platform, but they still allowed "unverified" accounts on the global site for a few more years. * 2021: The Final Blow This was the year the "anonymous" account truly died. * August 2021: Binance made Intermediate Verification (ID + Face Scan) mandatory for all existing and new users. If you didn't do it, your account was restricted to "withdraw only." * HTX (Huobi): Followed a similar path, aggressively freezing accounts that hadn't updated their info to comply with local laws. Why you’re feeling the "Identity Theft" irony You were right back then: in 2017, exchange security was terrible, and "not doing KYC" was a legitimate way to protect your identity from hackers. So yes it IS entirely possible for someone who started between 2016-2017 and left for good in 2018 to come back to an entirely new world. And yes I have been able to retrieve my funds from exchanges that aren’t trying to scam in 2026. My post was about Huobi. Not your opinion on the validity of my story.

Funnyurolith61

You can check HTX, it has around 3BTC per day non KYC limit. You might need to lose a decent VPN if you're in US/EU

coinfeeds-bot

tldr; The FTX estate has filed an amended complaint against Justin Sun, HTX (formerly Huobi), and Poloniex, claiming that approximately $27.5 million in funds belonging to Alameda Research were locked on these platforms when FTX declared bankruptcy. The complaint alleges that Sun and his entities, including Orange Anthem and Black Anthem, facilitated preferential treatment and artificially inflated token prices. The FTX estate is seeking to recover these funds, accusing Sun of operating a unified enterprise across his companies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Stevelucas23

Only Binance in 2024. Kraken, Kucoin, Mexc, Bimat, HTX, Coinex, among others, have Monero.

coinfeeds-bot

tldr; The article discusses concerns about the reserves and internal controls of HTX, a cryptocurrency exchange owned by Justin Sun. HTX's reserves include unusual assets like tokenized BTC from Poloniex, with unclear collateral backing, and a majority of its stablecoins, such as USDT and USDC, are lent out on platforms like Aave and Morpho. The article highlights discrepancies in reserve management, transparency issues, and Sun's involvement in various cryptocurrency projects, raising questions about the security and governance of HTX's assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CyanTurquoise

Coinbase Binance KuCoin or HTX

Aazimoxx

##Full Text (2/3) The findings included: * Since Binance’s guilty plea, the exchange has received more than $400 million in deposits from Huione Group, a Cambodian operation that the Treasury Department has flagged for criminal activity. An additional $900 million flowed into Binance deposit accounts this year from a platform that North Korean hackers were using to launder stolen funds. * OKX received more than $220 million in deposits from Huione in the five months after OKX struck a $504 million settlement with the U.S. government in February for violating a money-transmission law. * Crypto exchanges worldwide received at least $4 billion linked to scams in 2024, according to data from Chainalysis. The Times and the journalist consortium interviewed two dozen victims of crypto scams whose stolen funds ended up on Binance, OKX and other large exchanges like Bybit and HTX. * More than $500 million flowed into Binance, OKX and Bybit last year from “crypto-to-cash desks,” which allow people to trade digital coins for actual bills. Many of these businesses operate out of offices or storefronts, serving various types of customers — and offering a convenient avenue for criminals who want to convert digital currencies into cash. Heloiza Canassa, a Binance spokeswoman, said that “security and compliance stand as utmost pillars” of the company’s operations and that it had responded to more than 240,000 law enforcement requests since its founding in 2017, including 65,000 last year. Linda Lacewell, OKX’s chief legal officer, said the company worked with law enforcement “to help stop fraud and other illicit activity” and invested heavily in compliance, transaction monitoring and fraud detection tools. HTX representatives did not respond to requests for comment, and a Bybit spokesman said the company enforced “a strict zero-tolerance policy toward financial crime.” A White House spokeswoman declined to comment, while a representative for World Liberty said the firm viewed Binance as a marketplace for its coins and not as a business partner. What happens after dirty money reaches an exchange can be difficult to determine; at that point, the money trail is hidden from view. Exchanges may catch illegal activity fast enough to freeze the funds or turn them over to law enforcement. But dirty money that goes undetected can benefit an exchange by generating trading fees, typically a small percentage of the transaction. “If they kick criminal actors off the platform, then that’s a big revenue source that they lose,” said John Griffin, a crypto expert at the University of Texas, Austin. “They have an incentive to allow this activity to continue.” ##The Binance Connection Huione Group has an extensive reach in Cambodia. A financial conglomerate, it offers banking, payment and insurance services. Customers use its QR codes to buy groceries and pay restaurant bills. Those offerings conceal a more sinister enterprise. For years, Huione has also run a vast digital marketplace that one expert has described as “Amazon for criminals,” where online merchants sell stolen personal data, tech support for scammers and money-laundering services. The company has moved money for North Korean hackers and scam networks throughout Southeast Asia, according to law enforcement. In May, the Treasury Department moved to ban Huione from the U.S. banking system, calling it a “critical node” for cyberheists and investment scams targeting Americans. Throughout, Huione has maintained financial ties with Binance and OKX. In a Chinese-language financial report last year, Huione published several of its crypto wallet addresses, long strings of letters and numbers that identify accounts on the public ledger of digital currency transactions. An analysis of those wallets found that more than $400 million flowed from Huione onto Binance’s platform from July 2024 to July 2025. Over five months this year, OKX received more than $220 million in deposits from the Huione wallets. The flows continued even after the Treasury Department’s announcement on May 1. The wallets deposited at least $77 million into Binance over the next two and a half months and $161 million into OKX, according to the journalist consortium’s analysis. Binance and OKX previously had a record of flouting financial rules, leading to their criminal settlements with the U.S. government. Both have promised to clean up their acts. Ms. Lacewell of OKX said that even before May, the company had applied “enhanced transaction monitoring” to one of the wallet addresses identified in Huione’s report. The company “paused all interactions between OKX wallets and Huione” in October, she said. Binance’s Ms. Canassa said in a statement that the exchange could not block or reverse incoming transactions. But once suspicious deposits land on the platform, Binance reacts appropriately, she said.

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Post is by: Background-Day-4957 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ox6lct/coin_glass_liquidation_info/ In the past 24 hours, 207,970 traders were liquidated. the total liquidations comes in at $1.04B • The largest single liquidation order happened on HTX-BTC value $44.29M Reached over $1B in liquidation in past 24 hours *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: Background-Day-4957 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1oujrts/who_got_liquidated_again/ In the past 24 hours, 140,266 traders were liquidated. the total liquidations comes in at $445.03M The largest single liquidation order happened on HTX-ETH value *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: Background-Day-4957 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1oo5yef/who_got_liquidated_in_the_past_24_hours/ Per Coinglass: “In the past 24 hours, 333,412 traders were liquidated. the total liquidations comes in at $1.34B The largest single liquidation order happened on HTX-BTC value” *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: Narrow_Chance7639 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1oo4fzc/the_48_market_drag_why_al_tokens_are_a_massive/ The AI token subsector is undergoing a severe consolidation, directly contributing a 4.8% drag on the broader market. This isn't a failure of the technology; it’s a massive deleveraging event where narrative velocity finally collapsed under the weight of high failure rates. The core conviction is that verifiable utility is useless if speculative volume overwhelms liquidity. 1) Utility Overrun by Hype: Virtuals Protocol saw utility surge. Yet, a 36% price spike was immediately followed by a steep 42% plunge within 24 hours. This confirms speculation overrides adoption metrics. 2) Technological Failure Debt: The Huobi HTX listing of KITE AI occurs despite the documented reality that 70% to 85% of AI projects fail to transition to sustained commercial viability. Listing these tokens externalizes the project's operational debt onto investors. 3) Liquidity Withdrawal Trap: The structural correction is exacerbated by the slowdown in institutional support, with smart money inflows decelerating to $200 million weekly. This withdrawal accelerates losses as retail, chasing 80% gains, enters late. The systemic risk is concentrated in narrative tokens. Is this sector-wide 4.8% drag a healthy deleveraging event, or is the underlying risk of externalizing a documented 85% technological failure rate onto the investment base too great? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

kukusuki

HTX solved my problems

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Post is by: LavishlyRitzyy and the url/text [ ](https://goo.gl/GP6ppk)is: https://coinedition.com/uk-regulator-sues-htx-high-court/ The FCA filed a civil claim in London’s High Court alleging HTX (formerly Huobi) breached the Financial Promotions Regime by marketing to UK consumers without authorization The regulator says overseas firms must comply if promotions reach UK audiences; HTX remains on the FCA consumer warning list Justin Sun is not named as a defendant, but his adviser role keeps the case in the political spotlight *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

coinfeeds-bot

tldr; The UK's Financial Conduct Authority (FCA) has filed a civil lawsuit against the cryptocurrency exchange HTX, formerly known as Huobi, for allegedly promoting crypto services unlawfully to UK consumers. The FCA claims HTX is not authorized to operate in the UK and is listed on its warning list. This legal action is part of the FCA's efforts to protect consumers and ensure the integrity of financial markets. HTX, advised by Justin Sun, has not responded to the allegations. The FCA has been tightening regulations on the crypto sector to enhance market security. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Every_Hunt_160

My guess is Kucoin, MEXC and maybe HTX

judge-genx

You’ve hit on something that’s been bothering me for a while. We’re watching crypto get slowly absorbed into the traditional financial system, and I’m not sure if that’s evolution or capture. The OTCQB listing thing is a perfect example. Sure, it brings “legitimacy” and makes it easier for traditional investors to get exposure, but now these companies have to deal with SEC reporting requirements, quarterly earnings calls, and all the bureaucratic overhead that crypto was supposed to help us escape. It’s like watching a punk rock band sign to a major label - you get wider distribution but lose the edge. The exchange fee wars are wild too. HTX offering 50% rebates sounds great until you realize they’re probably making it back through other means - maybe selling order flow data, maybe pushing users toward higher-margin products. Nothing is actually free, especially in finance. The CBDC angle is the most concerning though. Governments aren’t building digital currencies because they want to innovate - they want programmable money they can control, track, and shut off at will. That’s literally the opposite of what Bitcoin was designed to solve. I think we’re in this weird transition period where crypto is big enough that it can’t be ignored but not big enough to resist being co-opted. The $4T market cap sounds massive but it’s still tiny compared to traditional finance. They have way more resources to shape the rules. Maybe this is just how all disruptive technologies get domesticated though. The internet started as a decentralized network and now it’s dominated by a handful of tech giants. Could be the same pattern playing out. What’s your take on CBDCs specifically? Do you see any way they don’t just become surveillance money?​​​​​​​​​​​​​​​​

justaguyinhis

Justin Suns exchange HTX extorts small coins or they delist them. Check what's going on with ERGO for example

Even-Medicine480

HTX is trying to extort funds from Ergo community and other crypto communities for 100k “marketing fee” Pretty messed up stuff

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Post is by: Narrow_Chance7639 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1nkxa1t/htx_september_promotion_50_spot_fee_rebateyour/ General crypto trend discussion: HTX September promotion up to 50% rebate on spot fees September 16-30. No promo, just insights on trading incentives. Tools boost activity but terms hurt. What's a promo pain like eligibility? Let's share tactics for better use and stay connected for more ongoing discussions. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: Intelligent_Will_514 and the url/text [ ](https://goo.gl/GP6ppk)is: https://x.com/IOHK_Charles/status/1968352745531818380?t=TBXXwu38_700AG6fte4vOg&s=19 The Ergo community (brother chain and development network for multiple platforms that have ended up on Cardano) is being extorted by HTX Global for "marketing" fees after HTX violated the terms of their listing agreement and delisted $ERG. The $ERG community is using #HTXtortion on X to spread awareness. Attached is a Charles Hoskinson Tweet that mentions the situation and calls attention to it as well. On Charles Tweet is a link to @ergo_platform on Twitter where they have receipts of the whole conversation with HTX. HTX Global/Huobi is ran by Justin Sun of Tron Blockchain who just got blacklisted from $WLFI (World Liberty Financial) owned by Trump for trying to pull a scam on HTX liquidity pools to unlock his allocation that had to vest otherwise. Him and exchanges affiliated with him are notorious for doing things like this to their customers and blockchains they provide liquidity for. This is terribly unjust and shows just why a DEX is superior to a CEX. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

coinfeeds-bot

tldr; Justin Sun’s WLFI wallet was blacklisted after transferring $9 million worth of WLFI tokens to the HTX exchange. The move raised concerns about potential restrictions on token sales and price manipulation during WLFI's first week of public trading. Sun denied any market impact, stating the transactions were routine tests. WLFI, a DeFi project linked to Donald Trump, saw its price drop significantly after launch. Sun reaffirmed his commitment to the project, stating he has no plans to sell unlocked tokens soon. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

emojidomain

If Coinbase survives but Bitfinex/HTX don’t, do you think users would trust centralized exchanges again or would it accelerate the move to DEXs + self-custody?

RegardedQt314

it's interesting you bring up the exchange influence on the success of a couple of the major coins like Shib and Pepe. i think Kendu definitely is edging it's way towards a major listing because of the attention that we've gotten from major exchanges like getting listed on Gate.io alpha and Kucoin's web3 wallet as of late. We also were a part of that HTX community dao competition event and have been featured on a Coinbase wallet advertisement in the past. i think when the ball starts rolling for Kendu, we will pick up momentum fast and get a lot of warranted attention from major exchanges and investors alike. slow times are times for conviction and accumulating, it is the only way to make those life changing gains imo. dyor and trust the process 🕊️

uncapchad

Kucoin, HTX, Gate, Kraken, Binance, BitGet, MexC, LBank, Bybit. WLFI has a total supply of 100 billion tokens on an unlock basis, with only 3 Billion released today

Commercial-Hat-6099

Anyone thinking that some of those whales might be just scammers' accounts? I know a person who got scammed with fake investment scam. I followed the path of the BTC they stole and all of them pass through the same accounts. At one point, they ALL lead to HTX accounts. Billions worth of BTC moving here and there . Is it really so difficult to track them down and arrest them?

steve_b

Jesus Christ, give it a rest already. First off, what is the source for your chart above? What exchange? If you have the source, download the 1 minute granularity for the last ten years and do the math yourself with Excel or Google Sheets (or upload it somewhere here and prove that such a period doesn't exist). And make sure you do it for the half-dozen major exchanges around the world while you're at it. Asking people on Reddit to have the full transaction history for BTC at their fingertips for Coinbase, HTX, [crypto.com](http://crypto.com), Bitfinex, Kraken, Bitmart, Gemini and a score of others is ridiculous. If you are trying to make a point, provide the data.

RegardedQt314

i have no doubts that we will catch a wave similar to our run to ATH levels and like you mentioned, all of the stuff we're doing now, will exacerbate that wave and turn into a full on tsunami. tier 1 listing attention from Gate.io, HTX, Kucoin, and even Coinbase (granted it was a while ago but i believe still significant) streetteam irl efforts with Kendu Energy promotions, Kendu Games with ex AAA devs, Kendu Brilliance jewelry, Kendu Coffee, and so much more going on i literally could write a whole novel about it. this price is a blessing not a curse and im take advantage of it every chance i get. supply control is happening in real time with Kendu and it's a major reason why we will have the legs to propel past previous ATH levels without nefarious wallets killing our momentum again. dyor and ask any questions in our subreddit!

RegardedQt314

charts can be interpreted many different ways depending on the context. for me when i look at Kendu's chart i feel the same way about it that you outline in the post. it's a sign of great things to come. redistribution, low volatility, sideways movement all point to Up if you look at it within the context of the Kendu ecosystem. tier 1 attention with the HTX community DAO event, Gate.io Alpha listing, and Kucoin wallet listing. Streetteam continuing our irl presence across the country at festivals with the help of Kendu energy. Kendu Games studio developing a stand alone game with partial profits buying back into Kendu. the list goes on and on. all of this together makes me extremely bullish for Kendu's future and i know we ken du it 🕊️

ProgramLow8782

Things are happening in the background & with the potential HTX listing, things are about to heat up even more. YOU KENDU IT

CHARLIEFORTHEBOYS

ha, hope so. Not a guarantee but the fact they feature KENDU on X promos is cool. We got some attention and new eyes. That is the best part. I think HTX would be foolish to pass on KENDU. [https://x.com/HTXCommunity/status/1952927415505960963](https://x.com/HTXCommunity/status/1952927415505960963)

Brcnft

Pepecoin ( $PEP ) is a solid project. I got to know it last year, and the community is truly passionate. It has its own blockchain, recently went through its latest halving, and is now on the radar of major exchanges. It’s also supported by trusted wallets like Tangem and Coinomi. You can find more information at pepecoin.org. It will soon be listed on XT Exchange, and next up are big names like Kraken and HTX. DYOR 🐸

CalvinE

Link: https://x.com/HTX_DAO/status/1943595794332020751

finchj1992

With kraken flirtation and HTX mentions this coming is about to go wild

Bazooza

Also on HTX's Radar rn! This community can achieve everything!

coinfeeds-bot

tldr; Bitcoin has reached a new all-time high of $112,000, breaking out of its consolidation phase after weeks of trading between $105,000 and $110,000. The surge is attributed to factors like US President Trump's call for a significant Federal Reserve rate cut, which could benefit riskier assets like BTC. Altcoins also rallied, with Ethereum rising over 6%. The market's volatility led to $480 million in liquidations, affecting 100,000 traders, mostly shorts. The largest single liquidation was worth $51 million on HTX. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.