Funds frozen on HUOBI (HTX - SCAM) for over a year, no explanation or resolution

[Artem_st]

As we can see from their terms and conditions, which have not been updated since July 2023, Russia was not a restricted country when he signed up.
https://www.htx.com/support/360000298561

They only put out that notice saying that they were restricting certain countries in November of 2023, shortly before the user’s account became restricted. If you search online some sources say they accept Russian users, so it might not be a policy that is enforced very strictly.

I see.
So OP registered in July 2023, when Russia was not restricted yet, and then in November 2023, they released an article with a list of restricted countries, including Russia.

I got the list here: https://www.htx.com/support/54954447731723

The problem is that they do not allow customers to withdraw their funds because they were registered prior to the restriction.
Unlike Binance, they give customers living in restricted countries time to withdraw their funds.

This is an old scam tactic used by other exchanges. They made use of individual country jurisdiction.

Sir, please note that none of the responses from Huobi exchange staff mentioned that the reason for the withdrawal ban was related to my citizenship or place of residence.

[Shishir99]

I'd be happy to do this, but I have almost no experience with international lawyers. I'm working on this plan. There are several media outlets I'm negotiating with and preparing to provide materials. You're absolutely right, I've provided them with all the documents, and they're no longer asking me to justify any transactions. This means I've passed the AML check successfully, and they no longer have any reason to withhold my money. They just want to, and they're taking advantage of that.

Bro, no one experiences anything without getting into trouble. Even if you do not have any experience, try to figure out how to do it because the money is involved. The amount is huge, and you should not let them go away with your money. It will cost you a lot of money and precious time as well, but you have to do it somehow. They are a regulated exchange, and the owners and employees are known. They cannot go away with your money if you are right.

As I can see, you have a valid point since you signed up on their platform before they banned Russia. You should be able to provide the documents and file a case against them. According to Wikipedia, HTX, formerly known as Huobi, is a Seychelles-based cryptocurrency exchange. Founded in China, (Chinese: 火币网; pinyin: Huǒbìwǎng), HTX now has offices in Hong Kong, South Korea, Japan and the United States. In August 2018, it became a publicly listed Hong Kong company.[1] According to Bloomberg, it is owned by cryptocurrency billionaire Justin Sun. - https://en.wikipedia.org/wiki/HTX_(cryptocurrency_exchange)

You may need to reach one of their office first, and then file a lawsuit.