HTX denies role in Kraken-linked poisoning transfers

HTX denied authorizing a series of disputed cryptocurrency microtransfers on Aug. 20 after some users alleged that funds originating from HTX-linked addresses caused compliance restrictions at Kraken and other exchanges. Summary HTX said its internal review found no official accounts behind disputed small cryptocurrency transfers reported. Kraken said British sanctions require restrictions on funds transferred directly into affected customer accounts there. The U.K. government confirms its Huobi Global designation also applies to HTX through ownership rules currently. An HTX representative claimed known Kraken restrictions reached $4.2 million without publishing supporting records publicly. Onchain reports identified small transfers to Kraken addresses, but wallet labels cannot establish authorization alone. An HTX representative using the @HTX_Molly account said an internal review found no activity from official company accounts. The representative suggested that affected users could have initiated transfers independently while trying to protest or test Kraken’s restrictions. The same representative claimed that funds frozen at Kraken included cases worth as much as $4.2 million. ...