ZachXBT calls UK's HTX sanctions 'overreach' as address tainting hits ordinary users

The blockchain investigator ZachXBT called the UK’s recent sanctions against HTX (formerly Huobi) excessive, arguing that tainting on-chain addresses tied to the exchange is causing collateral damage to regular crypto users. The UK regulators’ sanctions have turned the crypto wallets of users of major exchanges into a liability, leading to frozen funds and a scramble...