Securities and Futures Commission of Hong Kong Issues Warning on Alleged Fraudulent Virtual Asset Entities

Friday, 5 July 2024, 09:45

The Securities and Futures Commission (SFC) of Hong Kong issued a cautionary warning to the public concerning seven entities allegedly involved in fraudulent virtual asset activities. The regulator has identified these entities and highlighted potential risks associated with their operations. Investors are advised to exercise caution and due diligence before engaging with these entities to protect themselves from financial harm.
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Securities and Futures Commission of Hong Kong Issues Warning on Alleged Fraudulent Virtual Asset Entities

Warnings on Fraudulent Activities

The Securities and Futures Commission (SFC) of Hong Kong issued a public warning regarding several entities suspected of engaging in fraudulent virtual asset activities. The regulator highlighted the importance of identifying and avoiding such entities to protect investors from potential financial risks.

Risks to Investors

Investors are advised to exercise caution when dealing with the identified entities to prevent falling victim to any fraudulent schemes. Due diligence is crucial to safeguarding investments and avoiding financial losses.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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