HTX denies links to small transfers tied to some labeled addresses

HTX said it was not involved in recently flagged small transfers that appeared to have been sent by the exchange from certain addresses, after community reports raised questions about the transactions. Molly, HTX’s official spokesperson and an HTX DAO ambassador, said on X that the company is conducting further checks into the specific source and cause of the transfers and is not ruling out possibilities including address labeling issues or how the origin of on-chain transfers is identified. Molly added HTX will avoid drawing conclusions before the facts are confirmed and will share further details as soon as possible, given the issue relates to the safety of user accounts and assets. Separately, HTX was added to European Union sanctions targeting Russia in late July and was also placed on a UK government sanctions list in May.