UK Sanctions HTX Over Alleged $1.5 Billion Russia-Linked Crypto Flows

HTX has been pulled into one of the most serious crypto sanctions stories of the year after the UK designated the exchange under Russia-related sanctions rules and TRM Labs linked the case to more than $1.5 billion in alleged flows involving sanctioned entities.TL;DRThe UK designation targets correspondent banking and payment relationships.TRM Labs links the case to entities including Garantex and Grinex.HTX has reportedly distanced itself from the named entities and said it will engage with UK