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Ben W

FCA Launches High Court Case Against HTX as On-Chain Traders Back Maxi Doge $MAXI Presale

On October 21, 2025, the UK Financial Conduct Authority began High Court proceedings against HTX (formerly Huobi), and on February 10, 2026 it released further details of the case targeting both the firm and "persons unknown" tied to its platforms. The enforcement move is reshaping risk perceptions around centralized exchanges, with some traders gravitating toward on-chain meme assets like Maxi Doge ($MAXI) on Ethereum. Maxi Doge couples a gym-themed meme identity with competitions, staking, and a Trading Guild structure, and its presale has raised over $4.5M at a token price of $0.0002803, including two whale buys totaling $628K.