BitForex under SFC scrutiny for potential crypto scam

On March 4, 2024, the Securities and Futures Commission (SFC) issued a public warning about BitForex, a virtual asset trading platform suspected of fraud. Despite claiming to be based in Hong Kong, BitForex has not applied for a license from the SFC for its operations."The Securities and Futures Commission (SFC) today warned the public of suspected virtual asset fraud involving a purported... source: https://cryptobriefing.com/bitforex-sfc-scrutiny-potential-crypto-scam/