In a recent development, a scammer utilizing an HTX wallet defrauded a local resident of €1.2 million ($1.3 million), prompting action from the Netherlands’ financial crime unit. An Amsterdam court has ruled that HTX must disclose the scammer’s full details, including name, address, zip code, and residence. Despite non-attendance from HTX, the court imposed a €500,000 ($550,000) fine, with daily penalties escalating by €100,000 ($110,000) until compliance, potentially reaching a total of €2 million ($2.2 million). This legal action highlights the consequences faced by HTX for non-cooperation in the investigation. Source: