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Official Statement from HTX Regarding the Handling of WLFI and USD1 Assets
Dear HTX Users,
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. As a result, the on-chain circulation of certain WLFI assets associated with these addresses has been restricted. Given that the USD1 stablecoin is also issued by the WLFI project team, HTX has proactively suspended trading for the WLFI/USDT, USD1/USDT, BTC/USD1, and ETH/USD1 trading pairs as of 13:00 (UTC) on June 5, 2026 to safeguard users' assets, preserve market fairness, and mitigate potential systemic risks.
HTX hereby formally clarifies that the listed entity Huobi Global S. A. is distinct from the online HTX exchange. Any such designation does not and should not have any impact on the HTX online exchange. HTX's global operations remain unaffected, and all user funds are safe.
HTX believes that the WLFI project team's unilateral freezing of these addresses—conducted without sufficient prior communication, adequate contractual or legal grounds, transparent disclosure, or adherence to due process—directly infringes upon the legitimate rights and interests of HTX users in their assets. HTX has serious concerns regarding the transparency of WLFI's asset control mechanisms and calls on the WLFI project team to promptly clarify the basis for the freeze, the scope of control, and the responsible parties, and to immediately unfreeze the affected user assets.
Users' WLFI assets continue to be displayed in their HTX accounts. HTX will continue to safeguard users' asset rights and seek accountability from the WLFI project team. For all USD1 assets currently held by users, HTX will convert such holdings into USDT on a uniform basis and credit the equivalent amounts to users' accounts. Specific details regarding the conversion will be announced separately.
HTX has always upheld the principle that the blockchain industry must be built on openness, transparency, fairness, and respect for users' ownership and control of their assets. Any action that may affect users' legitimate asset rights and interests should be subject to thorough scrutiny and implemented through transparent, compliant, and verifiable procedures.
HTX is deeply concerned about the impact of this incident on our users and will continue to take all reasonable measures to safeguard users' legitimate rights and interests, including but not limited to pursuing legal remedies.
Please refer to official HTX announcements for any further updates.
Thank you for your continued support and trust in HTX!
HTX Team
June 6, 2026
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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.
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