Real-analytic realization of universal Teichmüller space via complex-structures on $H^{1/2}$

Let $H$ be the Hilbert transform, let $h$ be a quasisymmetric homeomorphism of the unit circle $S^1$, and set $V_hu=u\circ h$ and $J_h=V_hHV_h^{-1}$, defined on the Sobolev space $H^{1/2}(S^1)$. We prove that $h\mapsto V_h$ is nowhere continuous in operator norm, although it is continuous in the str