ZachXBT: UK Sanctions on HTX Have Made On-Chain Risk Scores ‘Meaningless’
ZachXBT argued that UK sanctions against HTX have led to excessive address tainting, making sanctions-related risk labels less useful for blockchain investigations. He said compliance systems often struggle to separate pre- and post-sanctions activity and claimed regulators overlooked a separate $1.25 billion laundering case while focusing on HTX. Earlier, FixedFloat announced it would suspend and subject HTX-originated funds to additional compliance reviews.
via x.com/WuBlockchain
Congrats to regulators for tainting half the chain and somehow still missing $1.25B sitting right there.
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