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HTX removes WLFI's USD1 after June 8, 2026 freeze, as $276M lawsuit expands
HTX, the exchange backed by Justin Sun, delisted USD1 on Sunday, June 8, 2026 after World Liberty Financial (WLFI) froze certain HTX on-chain addresses, citing sanctions compliance. The move led HTX to halt USD1/USDT, BTC/USD1, ETH/USD1, and WLFI/USDT pairs and convert user USD1 balances to USDT at a 1:1 ratio. The delisting follows Sun's $276M federal lawsuit filed in April 2026, which has since developed into litigation in two U.S. jurisdictions.
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BlackRock's IBIT Sees $213.63M Outflow on June 5, 2026 as 13-Day ETF Redemptions Reach $4.4B
BlackRock's iShares Bitcoin Trust (IBIT) logged $213.63M in net outflows on June 5, 2026, equal to about 3,580 BTC leaving the fund in a single session. Total net outflows across all U.S. spot Bitcoin ETFs hit $325.66M that day, extending a 13-trading-day streak that has drawn $4.4Bn from the category. Bitcoin traded around $59,000–$61,000 near June 5, with $60,000 highlighted as a key support level amid ongoing redemptions.
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