Justin Sun’s HTX Nears FCA Settlement as UK Users Still Face Sanctions Freeze

Britain's Financial Conduct Authority (FCA) and crypto exchange HTX are in talks to settle a case over illegal crypto adverts. London's High Court has given them until late August to agree on terms.

For UK users, a deal would fix less than it sounds. The case is about advertising. It is not about getting anyone's money back.

What UK Users Already Lost

HTX has been on the FCA's warning list since October 2023. After the FCA sued in October 2025, HTX stopped accepting new UK customers, while existing users could still access their accounts.

But a bigger problem came on May 26, 2026: the UK sanctioned Huobi Global S.A. Three days later, the Treasury confirmed that those sanctions also apply to the HTX exchange.

Since then, at least one UK customer has reported having their HTX account frozen and being told they need sanctions permission to regain access. There is no official figure for how many users or how much money is affected.