HTX exits UK after FCA court order over financial promotion breaches

HTX, the exchange linked to Justin Sun, has exited the UK after the FCA obtained a court order and reached a settlement with Huobi Global S.A. over alleged breaches of UK financial promotion rules. The exit shows UK regulators continuing to enforce marketing compliance against offshore exchanges, a precedent that could push other platforms to restrict UK access. Traders should watch for similar enforcement actions and any knock-on liquidity or access changes for UK-based users.