Reported about 12 hours ago
The UK's Financial Conduct Authority (FCA) has initiated a lawsuit against HTX, a global cryptocurrency exchange advised by Chinese entrepreneur Justin Sun, for unlawfully promoting crypto asset services to British consumers without proper authorization. The FCA's action reflects its commitment to consumer protection and the integrity of financial markets in the UK, particularly following the introduction of new rules in 2023 aimed at creating a regulated crypto asset environment.
Source: YAHOO