TechFlow reports that on June 28, the Hong Kong Securities and Futures Commission (SFC) warned the public to beware of entities operating under the names "Tokencan," "Hong Kong Weibi Digital Assets," and "HKD.com Corporation." These entities are suspected of engaging in virtual asset-related fraud or claiming to operate virtual asset trading platforms in Hong Kong without proper licensing. The Hong Kong Police Force has already blocked related websites and social media pages, and the SFC has added these entities and their websites to its warning list. The SFC reminds the public not to trade on unregulated virtual asset platforms to avoid potential investment losses.
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