Home HTX To Delist Trump-linked USD1 After Wallet Freeze Dispute

HTX To Delist Trump-linked USD1 After Wallet Freeze Dispute

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HTX To Delist Trump-linked USD1 After Wallet Freeze Dispute
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Crypto exchange HTX has announced plans to delist World Liberty Financial’s USD1 stablecoin following a dispute involving frozen wallet addresses linked to the exchange. HTX claims the issuer froze certain wallets without sufficient communication or legal justification.

The exchange stated that trading pairs involving USD1 were suspended earlier this week and that eligible user holdings will be converted into USDT at a one-to-one ratio. HTX has also called on World Liberty Financial to unfreeze the affected assets.

The dispute follows increased scrutiny surrounding sanctions compliance and marks another controversy involving the Trump-linked crypto project. The incident has renewed discussions about centralized control mechanisms within stablecoin ecosystems.

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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