TLDR Crypto · MISCELLANEOUS

JUSTIN SUN'S HTX "DUSTING" CAMPAIGN AGAINST COINBASE AND BINANCE

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Summary from the TLDR Crypto newsletter

Justin Sun is sending small USDT amounts from HTX (under EU/UK sanctions since May 26) to addresses that previously interacted with Coinbase, Binance, and Hyperliquid, triggering Coinbase account freezes for recipients until they prove they weren't dealing with a blacklisted entity. The move comes as Binance prepares to restrict deposits/withdrawals involving HTX and ten other platforms from August 23, and is read as pressure to force Coinbase, Binance, and EU regulators to either legitimize HTX or face a backlash from affected users.