ChainCatcher news, according to official information, the Hong Kong Securities and Futures Commission (SFC) warns the public to be cautious of an unlicensed virtual asset trading platform named International Standard Carbon Assets Technology Co., Limited, also known as "iSCAT" or "iSCAT Exchange."The Hong Kong SFC stated that "iSCAT" and/or "iSCAT Exchange" claims to be a virtual asset trading platform that once operated in Hong Kong, offering cryptocurrency trading services and using social media platforms to promote investors to its website and app for investing in cryptocurrencies. According to the Securities and Futures Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, conducting regulated activities and providing virtual asset services (i.e., operating a virtual asset exchange) in Hong Kong without a license and/or actively promoting such services to Hong Kong investors is a criminal offense.In addition, the Hong Kong SFC also announced that the licensed virtual asset trading platform Hash Blockchain Limited reported 11 websites as fraudulent sites.

ChainCatcher news, according to Jinshi reports, the Hong Kong Securities and Futures Commission (SFC) has issued a press release warning the public to be cautious of an entity operating under the name "Proxinex" that is suspected of engaging in virtual asset-related fraud.Investors have reported difficulties in withdrawing virtual assets from Proxinex, and were subsequently informed that their "accounts do not exist." The SFC also suspects that Proxinex has employed agents who lure investors into depositing funds with Proxinex through social networking applications. These agents may have forged documents claiming to be issued by a certain financial regulatory body and a certain financial institution in Hong Kong to embellish their personal credentials. The SFC has included Proxinex and its related websites on the list of suspicious virtual asset trading platforms as of July 29, 2024. Although the related websites are currently inaccessible, the public should be wary of scammers potentially continuing to establish similarly named websites.

ChainCatcher news, the Hong Kong Securities and Futures Commission has issued a notice warning the public to be cautious of a suspicious virtual asset investment product named "LENA Network." This product involves staking and lending arrangements related to virtual assets and claims to offer high returns to investors.The Securities and Futures Commission has noted that the Hong Kong public can access information about this product and engage with it via the internet. Therefore, the Commission has included this product and its related information in the list of suspicious investment products as of May 13, 2024.

ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) has listed Sure X and its website on its official warning list as a suspicious virtual asset trading platform. It warns the public to be cautious of a suspected virtual asset trading platform operating under the name "Sure X," also known as "Sure Bit International Pte Ltd / Sure Bit International Ltd / Sure 9."The SFC pointed out that although the Sure X platform website appears to be inaccessible, it has noted that Hong Kong investors may still be able to access the relevant website or suspected trading platform online or through other means and register as new users. The SFC suspects that Sure X may be actively promoting its virtual asset trading platform services to Hong Kong investors under the guise of providing education and training related to blockchain and cryptocurrency, without a license. According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, operating virtual asset services in Hong Kong without a license or actively promoting such services to Hong Kong investors is a criminal offense.The SFC once again warns investors not to trade virtual assets on unregulated virtual asset trading platforms.

ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) warns the public to be cautious of multiple entities operating under the name "HKCEXP" that are suspected of engaging in virtual asset-related fraud. Victims have reported difficulties in withdrawing funds and being required to pay high "taxes." HKCEXP provides a false Hong Kong address on its website to mislead investors. The Hong Kong SFC suspects that HKCEXP has falsely claimed to be a "company registered with the SFC," spreading false and misleading information about itself and its business.It is reported that the Hong Kong Police Force has taken action to block HKCEXP's related websites at the request of the Hong Kong SFC. Although the police have taken action, everyone should be wary of scammers potentially continuing to establish new websites with similar domain names. The Hong Kong SFC has listed "HKCEXP" on its warning list of suspicious virtual asset trading platforms.

ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) today issued a warning, reminding the public to be cautious of a suspected unlicensed virtual asset trading platform named "MEXC." Although MEXC actively promotes its services to Hong Kong investors, it has not obtained a license or applied for a license from the SFC to operate a virtual asset trading platform in Hong Kong.According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, operating virtual asset service businesses without a license in Hong Kong or actively promoting related services to Hong Kong investors constitutes a criminal offense. The SFC has today included MEXC and its website on the list of suspicious virtual asset trading platforms and has once again warned investors of the risks, pointing out the potential losses that may arise from trading virtual assets on unregulated platforms. The SFC stated that it will take decisive enforcement action against unlicensed platforms when appropriate.

ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) released its Q3 2023 report. As of the end of September, the agency reported a quarterly loss of approximately HKD 123 million, compared to a loss of HKD 178 million in the same period last year; revenue was HKD 387 million, with a year-on-year growth rate of 19.06%; expenses were HKD 509 million, an increase of 1.32%.In terms of virtual assets, the Hong Kong SFC published several lists of virtual asset trading platforms online, including a list of applicants. Due to a suspected fraudulent scheme, a special list of suspicious virtual asset trading platforms has been issued, currently containing 9 entities.The Hong Kong SFC stated that in the last quarter, it also approved two licensed exchanges to provide services to retail investors. It has been organizing various outreach programs to enhance investor education, helping market participants gain a deeper understanding of the new licensing system for virtual asset trading platforms and reminding them of the risks. The public is warned to be cautious and avoid trading on unregulated platforms. The Hong Kong SFC will continue to effectively disseminate information to the public to strengthen investor education regarding risks related to virtual assets and potential fraudulent activities.

According to ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) website shows that the "Hong Kong Digital Research Institute" (hkdao) has been added to the list of suspicious virtual asset trading platforms today. The SFC pointed out that the company claims to have obtained a license from the SFC, but this is not the case, seemingly targeting Hong Kong investors.As of now, the list of suspicious virtual asset trading platforms published by the SFC has reached 9.

ChainCatcher news, according to information disclosed on the official website of the Hong Kong Securities and Futures Commission, the list of unlicensed companies and suspicious websites has been updated, and a new suspicious virtual asset trading platform "HOUNAX" has been added on November 1.According to the remarks, "HOUNAX" claims to be a cryptocurrency trading platform, seemingly targeting Hong Kong investors, especially since its user login page pre-fills the "+852" field, and it has provided a social media channel "Hounax Hong Kong" on Facebook, X (formerly known as Twitter), and YouTube. As of now, there are a total of 7 suspicious virtual asset trading platforms disclosed by the Hong Kong Securities and Futures Commission.

ChainCatcher news, according to the Hong Kong Radio website, the Hong Kong Securities and Futures Commission (SFC) will take several measures to enhance information dissemination and investor education in response to recent public concerns about unregulated virtual trading platforms.CEO Ashley Liang stated that the SFC will publish four lists of virtual assets online, including a list of licensed platforms, a list of defunct platforms, a list of platforms considered as licensed, and a list of new applicants. Secondly, the SFC will release a list specifically targeting suspicious virtual asset trading platforms to help the public increase awareness of local unlicensed or suspiciously operated platforms. The SFC's website will publish the relevant lists and consider providing more information about unregulated virtual asset platforms to alert the public in advance.