• July 31, 2024

Police Arrest 4 Suspects for Trading Cryptocurrencies with "Exercise Tickets," Involving Up to $11 Million

Police arrested two boys and two men on July 26 for allegedly trading cryptocurrencies to 12 people using fake coins commonly known as "exercise tickets". During the operation, police seized a large amount of counterfeit Hong Kong currency, which involved HK$11 million in the case, and the four men are currently being detained for investigation. The four men, aged between 14 and 39, were arrested after police investigations revealed that they used social media to lure victimized customers to counterfeit "cryptocurrency...

• July 16, 2024

Hong Kong Bitcoin Scam Secrets: Common Tricks and Prevention Strategies

Learn about common techniques and latest cases of Bitcoin scams in Hong Kong, and learn how to identify potential scams and protect yourself. Explore government responses and future preparedness strategies.

• July 16, 2024

Guide to buying coins in Hong Kong: platform selection, payment methods and safety advice

Buying coins in Hong Kong mainly refers to buying virtual currencies. With the development of blockchain technology, virtual currencies are rapidly emerging around the world. Hong Kong has a number of well-known trading platforms and complete financial infrastructure. The government has an open attitude and the market environment is favorable.

**Keywords: Buy coins in Hong Kong**

**title:**
Basic concepts of buying coins in Hong Kong, definition of virtual currency and introduction to the market environment

• March 22, 2024

OKX Terminates Cryptocurrency Trading Service in India, Clients Must Withdraw Funds by April 30th

FX168 Financial News Agency (Hong Kong) News Ouyi (OKX) is one of the nine foreign cryptocurrency exchanges blocked in India, after the local regulator issued a compliance notice, the exchange announced on Thursday (March 21), to terminate the cryptocurrency trading services in India, customers must withdraw their funds before April 30th. In a notice sent to Indian users on Thursday, Euronext asked users to close by April 30...

• March 21, 2024

The big news! U.S. Department of Justice rumored to be "on the inside" of CoinSecurity, investigating the records of domestic clients.

FX168 (Hong Kong) - Binance, the world's largest crypto exchange, has reached a settlement with the US Department of Justice in 2023, which has led to the resignation of former Chief Executive Officer Zhao Changpeng (CZ). Industry sources have revealed that the investigation has moved on to the next, more rigorous stage. Anonymous industry sources have revealed that the DOJ will be sending investigators inside Money Security to look into records of dealings with U.S.-based clients. ...

• March 21, 2024

Investors fear losing all their capital! Hong Kong's Unusual Actions: Major Offshore Exchange Bybit on Warning List

FX168 Financial News Agency (Hong Kong) News Hong Kong Securities and Futures Commission (SFC) on Thursday (March 14) launched an unusual action, the large offshore exchange Bybit added to the warning list, and a variety of products on the exchange in the list of suspicious investment products. The authorities said that investors were at risk of losing all their investments and would not hesitate to take enforcement action. The move is unusual because Bybi...

• March 21, 2024

Coin purse will be upgraded on March 27th at 16:00

According to the official announcement, in order to improve system stability and provide users with a quality experience, CoinOn will upgrade the Wallet Web Server on March 27, 2024 at 16:00 (East 8 time), and this upgrade is expected to take 10 minutes. During the upgrade period, users may experience occasional suspension of token recharge and withdrawal requests. Upon completion of the upgrade, the system will automatically process the affected top-up and withdrawal requests (if applicable).

• March 14, 2024

Hong Kong's BitForex Exchange Loses More Than $57 Million, Suspected to be "Into the Grass", Website Unavailable Without Warning

On February 23rd, BitForex, a crypto exchange claiming to be based in Hong Kong, disappeared from public view after withdrawing nearly $57 million from its hot wallet, and users were no longer able to log in and access their accounts. The SFC has warned the public to be wary of a purported virtual asset trading platform operating under the name BitForex, which is suspected of virtual asset fraud. The total claimed...

• March 13, 2024

131 people in Hong Kong were defrauded of US$15.4 million in another virtual currency platform scam.

The suspected fraud case of JPEX, an unlicensed virtual asset trading platform, has not yet subsided, and another fraud case of "HOUNAX" virtual currency trading platform has recently broken out in Hong Kong. The Hong Kong Police issued a warning to the public yesterday, saying that fraudsters have infiltrated Facebook or WhatsApp, pretending to be investment experts to "share investment strategies", and luring the public to download the application of the fake investment platform "HOUNAX" to invest in virtual currencies. The incident was reported on ...

• March 13, 2024

The police have received two large fraud cases involving more than 10 million dollars, and the victims are all highly educated professionals.

The police have recently received two cases of high-value fraud, involving investment and impersonating officials respectively, in which the victims were highly educated professionals. It is understood that the fraudsters contacted one of the victims, aged 60, through the website "LinkedIn" at the end of last year. The other party claimed to be an investment expert, and they then switched to chatting on a cell phone instant messaging software. The victim then downloaded the fake investment application "Eikrt.me" and invested in crypto-currency...