The Justin Sun-linked exchange said World Liberty Financial froze some of its on-chain addresses and warned it may pursue legal action unless the restriction is lifted.
HTX has delisted USD1, a stablecoin tied to the Trump family, after a dispute with World Liberty Financial over frozen wallets. The Justin Sun-linked exchange said some of its on-chain addresses were frozen, limiting its ability to handle the token, and it warned that legal action may follow if the freeze is not reversed. The episode highlights a key control point in centralized stablecoins, where issuers can blacklist blockchain addresses and restrict transfers when they choose.