Hong Kong police said yesterday that 131 people had reported the HOUNAX virtual asset exchange investment fraud case, involving more than HK$110 million. In this regard, Hong Kong Legislative Council member Huang Junshuo believes that investors may not actively check the Hong Kong Securities and Futures Commission website to inquire about the list of unlicensed companies and suspicious websites before investing. It is recommended that relevant departments simplify the steps for investors to check information to prevent a replica of the JPEX case from happening again.
When asked whether to shorten the grace period, Huang Junshuo said that the virtual asset trading platform licensing system will take effect on June 1 this year, with a one-year grace period. The amendment will take 3 to 4 months at the earliest, and the grace period will be close to the end by then. , but it does not rule out increasing the pressure on the application time limit for compliant virtual asset trading platforms. (Ming Pao)
According to previous news, the official website of the Hong Kong Securities Regulatory Commission showed that a suspicious virtual asset trading platform "HOUNAX" was added to the list of "unlicensed companies and permitted websites" on November 1.
According to a report on the Radio Television Hong Kong website, Hong Kong police recently discovered that a fraudster pretended to be an investment expert and used high returns to attract people to invest through a virtual asset trading platform. In the end, they were unable to get their money back. The police said that the company involved was named HOUNAX. The police had temporarily received reports from 131 victims, involving more than HK$110 million, and the amount defrauded in each case ranged from HK$12,000 to HK$4 million.