Argentina Just Blocked HTX Access and It’s Definitely Not a Fun Time for Thousands

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In a move that could make your cryptocurrency feel as secure as a paper airplane in a hurricane, Argentina has blocked nationwide access to HTX. Why? Because they didn’t get the data needed for a pig-butchering investigation. And, surprise, surprise, it affects thousands of users. 🐖💸

Argentina Blocks Access to HTX as Part of Pig Butchering Probe

Argentina has decided to take a particularly drastic measure, blocking access to the HTX cryptocurrency exchange across the entire country. Yes, you read that right. HTX, a company based in the very mysterious (and potentially sunny) Seychelles, has its roots in China. Why the fuss? It turns out HTX wasn’t exactly playing nice in a little thing called a pig-butchering scheme investigation. 🐷🔪

Now, I know what you’re thinking, “What’s a pig-butchering scheme?” Well, it’s when a user gets tricked into sending their hard-earned cash to an address linked to HTX. How? A third party gets in on the action and convinces the victim to send funds — $13,000 worth of them. That’s right, a full $13,000 vanished into the abyss, to an address that was apparently getting cozy with funds from other “investment” schemes. 💰

In a move that makes *absolutely* no sense, HTX, which wasn’t registered in Argentina to begin with, refused to hand over the requested documentation. You know, just the small matter of cooperating with the Argentine authorities. In fact, they were so unhelpful that the local prosecutor, Alejandro Musso, decided to make them the subject of a national blockade. 🇦🇷🚫

Musso, who apparently had a lot on his plate, said the blockage was implemented after HTX just *didn’t* feel like providing any identification data linked to that suspicious address. He even threw in a public quote that makes you wonder if this whole thing was more about setting a precedent than anything else:

“From a criminal perspective, we understand that it is urgent to identify and block access to all platforms that operate in the country without registration and without judicial cooperation.” 👮‍♂️

It seems like Musso’s idea of “urgent” is on a whole different level. He also emphasized that this measure would improve “transparency in the crypto ecosystem,” which is probably a nice way of saying, “Good luck proving your investments now.” 📈

But, let’s get to the heart of the matter — thousands of HTX users are now locked out of their own funds. No, their money hasn’t been seized (yet), but good luck trying to access it through official means. HTX had previously denied another ID request from Argentine authorities, claiming it couldn’t provide the necessary data due to “legal restrictions.” If you’re wondering if this is a loophole, you’re probably not alone. According to HTX, similar requests should only be made through Seychelles organizations — which, surprise, aren’t exactly known for their helpful customer service. 😏

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2025-06-17 12:57