🚨 BREAKING !!!
TRUMP PROJECT FREEZES HTX ADDRESSES — EXCHANGE MUST CONVERT ALL USER USD1 TO USDT 🔥🟡⚖️
HTX announced that the WLFI team — a crypto project backed by the Trump family — has just frozen on-chain addresses related to HTX due to UK sanctions screening, without prior full notification or clear legal basis. 🛠
As a result: a portion of the WLFI tokens legally held by HTX users is restricted from circulation. HTX has implemented emergency measures: halting WLFI trading and USD1 deposit/withdrawal services, while FORCING the conversion of all user USD1 to USDT. 💰
HTX emphasizes that the affected addresses belong to platform users, not to any sanctioned entities or the exchange itself — and is calling on the WLFI team to immediately unfreeze these addresses. 📊
This is a very serious incident: for the first time, a major crypto project (related to US politics) is using the ability to freeze on-chain assets based on international sanctions — directly impacting users at a centralized exchange. This is exactly the risk of "centrally-issued stablecoins being frozen" that the Central Bank of Russia just warned about. 🎯
Not investment advice. Keep an eye on the developments between HTX and WLFI — this could be an important legal precedent.
#WLFI #HTX #regulation
$BTC $ETH $UB
TRUMP PROJECT FREEZES HTX ADDRESSES — EXCHANGE MUST CONVERT ALL USER USD1 TO USDT 🔥🟡⚖️
HTX announced that the WLFI team — a crypto project backed by the Trump family — has just frozen on-chain addresses related to HTX due to UK sanctions screening, without prior full notification or clear legal basis. 🛠
As a result: a portion of the WLFI tokens legally held by HTX users is restricted from circulation. HTX has implemented emergency measures: halting WLFI trading and USD1 deposit/withdrawal services, while FORCING the conversion of all user USD1 to USDT. 💰
HTX emphasizes that the affected addresses belong to platform users, not to any sanctioned entities or the exchange itself — and is calling on the WLFI team to immediately unfreeze these addresses. 📊
This is a very serious incident: for the first time, a major crypto project (related to US politics) is using the ability to freeze on-chain assets based on international sanctions — directly impacting users at a centralized exchange. This is exactly the risk of "centrally-issued stablecoins being frozen" that the Central Bank of Russia just warned about. 🎯
Not investment advice. Keep an eye on the developments between HTX and WLFI — this could be an important legal precedent.
#WLFI #HTX #regulation
$BTC $ETH $UB