TechFlow reports that the Hong Kong Securities and Futures Commission (SFC) has issued a notice warning the public to be wary of suspicious websites operating under the name "KKR Global," which impersonate a licensed entity and are suspected of engaging in virtual asset-related fraud.
The websites falsely claim affiliation with SFC-licensed firm KKR Capital Markets Asia Limited and are suspected of conducting fraudulent activities involving virtual assets, including falsely stating their headquarters are located in Hong Kong. Victims reported being approached via instant messaging apps and lured into investing in cryptocurrency products on these websites. They later encountered difficulties when attempting to withdraw funds and were demanded to pay substantial "fees" to "verify their wallets."
The SFC added the website to its Alert List for Suspicious Virtual Asset Trading Platforms on March 19, 2024. Although these websites are currently inaccessible, the public is cautioned that scammers may continue to create new websites with similar domain names. The SFC urges the public to consult the SFC's public registers—the Register of Licensed and Registered Persons and the list of licensed virtual asset trading platforms—for up-to-date information on licensed firms, licensed virtual asset platforms, and their official websites.
