TechFlow news, on January 6th, according to a report by the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission (SFC) stated that some investors have reported difficulties in withdrawing assets from Globiance X Limited and Globiance HK Limited.
Previously, the SFC issued a public warning, urging the public to be cautious of the unlicensed virtual asset trading platforms Globiance X Limited or Globiance HK Limited, as well as CoinCola, which claims to operate a virtual asset trading platform in Hong Kong but does not hold an SFC license. They are suspected of conducting unlicensed activities and have been added to the SFC's alert list along with their related websites.
The SFC emphasized that unlicensed platforms are not regulated by the Commission, offering investors very limited protection, and they may even risk losing their entire investment.
