The Securities and Futures Commission of Hong Kong is warning the public to be aware of some entities operating under the name HKCEXP that are suspected of engaging in fraudulent activities related to virtual assets.
The victims involved encountered difficulties in withdrawing money and were required to pay high taxes. HKCEXP provided a false Hong Kong address on its website to mislead investors, and claimed to be a company registered with the Securities and Futures Commission, publishing false and misleading information.
The police have blocked the relevant website of HKCEXP and today added the HKCEXP website to the Securities and Futures Commission’s suspicious virtual and asset trading platform alert list. But the public should be wary of new, similar websites that scammers may create.
Huang Bo