Justin Sun Says Binance’s HTX Transfer Curbs Apply Only to UK, EU Users
JH Kim
Summary
- Binance said it will impose deposit and withdrawal restrictions involving HTX and 10 other exchanges and platforms.
- Justin Sun said the measure applies only to Binance’s UK and EU users.
- He added that HTX does not operate in the UK or the EU and that settlement talks with regulators are under way.
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Binance has announced restrictions on deposits and withdrawals involving 11 exchanges and platforms, including HTX, formerly Huobi. Justin Sun, founder of Tron, said the measure applies only to Binance users in the UK and the European Union.
In a post on X on Aug. 14, Sun said he is in contact with Binance and that the issue affects only the exchange’s UK and EU users.
He added that HTX does not operate in the UK or the EU and that settlement talks with regulators in those jurisdictions are already under way. If any users are affected during that process, HTX will work to resolve the issue with them.
JH Kim
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