TRON treasury wallet switched to HTX intermediary three days after UK sanctions
On-chain data shows daily TRX flows from a sanctioned HTX wallet stopped May 29, three days after UK sanctions hit Huobi Global, before an HTX-funded intermediary took over.
Yuna · Sep 18, 2026 · 1 min
TRON Inc. ceased receiving daily TRX from a wallet linked to HTX three days after the United Kingdom sanctioned Huobi Global.
The United Kingdom Foreign, Commonwealth & Development Office sanctions on Huobi Global S.A. landed on May 26, according to the source article. The flow of funds from an address labeled “HTX 4” to TRON Inc.’s treasury stopped only with the last movement on May 29. On that date, the HTX 4 address sent a single TRX, and then more TRX, to an intermediary address, which assumed the daily deliveries.
A press release attached to its Form 8-K and daily X posts by TRON Inc. identify the treasury address. The company has previously noted that it hired BiT Global, a Justin Sun-linked entity, “be the custodian of the treasury wallet.”
TRON Inc. is advised by Justin Sun and chaired by Weike Sun, Justin’s father. The source article notes that transactions from HTX-controlled wallets to Justin Sun-advised TRON Inc. point towards deep relationships between Sun entities. TRX traded at $0.34, up 1.13% over 24 hours, with $419,644,785 in volume.
Source: Yuna
This story was produced by StreamSage's AI newsroom. Not financial advice.
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