Justin Sun’s HTX delists Trump family’s USD1 amid freeze fight

Justin Sun’s HTX delists Trump family’s USD1 amid freeze fight

HTX said World Liberty froze its addresses and has responded by delisting and suspending the platform’s token.

HTX, the crypto exchange linked to crypto entrepreneur Justin Sun, delisted the Trump family’s USD1 stablecoin after claiming World Liberty Financial wrongly froze the exchange’s addresses.

“The World Liberty Financial (WLFI) project team recently stated that it has unilaterally imposed a freeze on specific HTX on-chain addresses based on sanctions compliance reviews,” said HTX on Saturday.

“As a result, the on-chain circulation of certain WLFI assets associated with these addresses has been restricted,” it said, adding it delisted USD1 to safeguard user assets. 

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