Saturday, July 6, 2024

Hong Kong Flags Unlicensed Crypto Alternate Certain X

Hong Kong’s monetary regulator has issued a warning
to the general public relating to an unlicensed digital asset buying and selling platform that’s
suspected of promoting providers to traders with out correct authorization. The Securities and Futures Fee cautioned
traders towards buying and selling on Certain X, highlighting the dangers of potential losses
resulting from platform failure, hacking, or misappropriation of belongings.

Certain X is a digital asset buying and selling platform working
underneath numerous names, together with Certain Bit Worldwide Pte Ltd / Certain Bit
Worldwide Ltd. The SFC warned that traders may nonetheless discover methods to
entry Certain X’s web sites and buying and selling platform regardless of showing to be
inaccessible.

The SFC wrote: “Whereas Certain X’s platform web sites
look like inaccessible, the SFC notes that Hong Kong traders, by
different means by way of the web, should still be capable to entry the web sites and/or
the purported buying and selling platform and register as new customers.”

Supply: SFC

Anticipate ongoing updates as this story evolves.

Hong Kong’s monetary regulator has issued a warning
to the general public relating to an unlicensed digital asset buying and selling platform that’s
suspected of promoting providers to traders with out correct authorization. The Securities and Futures Fee cautioned
traders towards buying and selling on Certain X, highlighting the dangers of potential losses
resulting from platform failure, hacking, or misappropriation of belongings.

Certain X is a digital asset buying and selling platform working
underneath numerous names, together with Certain Bit Worldwide Pte Ltd / Certain Bit
Worldwide Ltd. The SFC warned that traders may nonetheless discover methods to
entry Certain X’s web sites and buying and selling platform regardless of showing to be
inaccessible.

The SFC wrote: “Whereas Certain X’s platform web sites
look like inaccessible, the SFC notes that Hong Kong traders, by
different means by way of the web, should still be capable to entry the web sites and/or
the purported buying and selling platform and register as new customers.”

Supply: SFC

Anticipate ongoing updates as this story evolves.

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