Hong Kong Regulator Issues Warning on Suspected Crypto Fraud Involving HongKongDAO and BitCuped
Hong Kong's Securities and Futures Commission (SFC) has issued a warning about suspected fraud involving crypto entities Hong Kong Digital Research Institute and BitCuped. The SFC has blocked access to the websites of both companies and issued cease and desist letters to their operators. The regulator suspects HongKongDAO of disseminating false and misleading information about itself and its business, which could encourage individuals to invest in the HKD token believing its services were properly licensed and legitimate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CloneX NFTs Hit a Wall as Images Vanish From OpenSea
SUI Jumps 73% After Grayscale and Mastercard Boost
SUI gains 73% in a week, driven by a Grayscale Trust listing and a strategic partnership with Mastercard.SUI Skyrockets After Major Institutional MovesMastercard Partnership Fuels Adoption HopesWhat’s Next for SUI?
Whale Buys Back 8K ETH, Nets $159K in 10 Days
Whale repurchases 8,012 ETH at $1,779, repays debt, and earns $159K from ETH trading over 10 days.Whale Re-Enters ETH With $14M BuybackSmart Debt Management and Strategic TimingProfit Through Precision
Solana Price Eyes $162, Cardano Slides Again, While Unstaked Presale Goes Viral in April 2025
Explore a timely comparison of Cardano, Solana, and Unstaked ($UNSD) focusing on real-time utility, price levels, and presale potential. Find out what crypto to invest in for both short-term strategy and long-term value.Cardano Slides Back Into Multi-Year RangeSolana Faces Crucial Test Near Largest Supply ClusterUnstaked Is More Than Hype: A Real Use Case in a Meme-Driven MarketUtility, Timing, and the Case for $UNSD
Trending news
MoreCrypto prices
More
