Justin Sun's HTX Exits UK After FCA Court Deal, Leaving Users Unable to Withdraw Funds

HTX, the crypto exchange controlled by Justin Sun, has exited the UK market following a High Court deal with the Financial Conduct Authority (FCA). The agreement resolves a year-long lawsuit over alleged illegal marketing. Under the deal, HTX directs remaining UK customers to its website to withdraw assets, but this route is complicated by British sanctions designations against the exchange and its parent company, Huobi Global S.A. Existing users face difficulties accessing their funds as the government treats HTX as a sanctioned entity, with no published guidance on customer withdrawals.