Bybit on Wednesday issued a warning to users regarding transfers involving HTX-linked wallet addresses following recent regulatory actions tied to the exchange.

The company said deposits and withdrawals connected to HTX may trigger enhanced anti-money laundering, compliance, or internal risk-control reviews on the platform.

The company advised customers to avoid interacting with HTX-associated addresses when using Bybit services and reminded users to ensure their account activity complies with both local regulations and platform requirements.

The statement comes as Britain is escalating its sanctions campaign against Russia. Yesterday, the government released a new package targeting crypto exchanges, shadow finance systems, and sanctions-evasion networks accused of helping fund Moscow’s war against Ukraine.

UK officials said the move was intended to disrupt the increasingly sophisticated financial infrastructure Russia has developed to bypass existing Western restrictions.

The package adds 18 new sanctions designations targeting key parts of Russia’s illicit financial infrastructure, including several major crypto-linked entities. Those sanctioned include Huobi Global S.A., EXMO Exchange Limited, Bitpapa IC FZC LLC, Rapira Group LLC, and Sergey Mendeleev.

British authorities also targeted a Kyrgyz bank and three Georgian companies allegedly facilitating sanctions-evasion activity through Russia-focused exchange services.