Hong Kong Chief Executive John Lee responded to the regulation of virtual platform fraud: Government regulation is very important, and efforts to combat unlicensed platforms are ongoing

2023-11-28 18:22:03

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ChainCatcher news, following the alleged fraud case involving the cryptocurrency trading platform JPEX, the police and the Securities and Futures Commission have recently investigated another platform "HOUNAX," involving funds of 148 million yuan. Currently, the official Facebook page of this platform is no longer accessible.

In response to the regulation of virtual platforms and fraud, Hong Kong Chief Executive John Lee stated that government regulation is very important to protect investors' interests while cracking down on unlicensed platforms. If there is a need to empower regulatory agencies, the government will actively cooperate. In addition, investors must use licensed platforms for virtual asset trading online to safeguard their interests.

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