Regulation· ★★★· bearish·

TRON Inc. received TRX from HTX-linked wallets after UK sanctions

  • Until May 29, TRX came from address TFTWNgDBkQ5wQoP8RXpRznnHvAVV8x5jLu, labeled as HTX 4
  • On May 29, HTX 4 funded wallet TYyr, which then began sending TRX to TRON Inc.
  • UK sanctions against Huobi Global S.A. were imposed on May 26
  • TRON Inc. director Zhihong Liu also heads BiT Global Trust Limited in Hong Kong
Why it matters: The investigation calls into question the transparency of TRON Inc.'s treasury strategy and its ties to HTX amid sanctions, which could increase regulatory pressure on TRX.
Source: DiarioBitcoin