Hong Kong Police Investigate Hounax in Massive Crypto Scandal.
Hong Kong police have initiated a thorough investigation into the activities of the crypto trading platform Hounax. This action follows reports from over 130 individuals who claim to have been defrauded, with losses amounting to a staggering $15.4 million. The South China Morning Post has highlighted the urgency of the situation, noting the commitment of local authorities to make imminent arrests.
Hounax, initially posing as a promising virtual asset trading platform, caught the attention of the Securities and Futures Commission (SFC) earlier this month. The platform, believed to be based in Singapore, was marked as suspicious after it falsely claimed associations with a reputable financial institution and a venture capital firm.
*Source: https://coingape.com/hong-kong-police-investigate-hounax-in-massive-crypto-scandal/?utm_source=24hrsupdateall
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Welcome to "Coin News Crypto" – your digital beacon in the exhilarating world of cryptocurrency! Our channel is dedicated to delivering the freshest, most insightful cryptocurrency news, in-depth analyses, and market trends that are shaping the future of finance.
At "Coin News Crypto," we understand that the crypto space can be complex and ever-evolving. That's why we've made it our mission to demystify the digital currency landscape, providing you with clear, accurate, and actionable content. Whether you're a beginner curious about blockchain or a seasoned trader looking for the next big opportunity, our channel is tailored to meet your needs.
Our commitment at "Coin News Crypto" is not just to inform but also to build a community of like-minded enthusiasts who are eager to learn, share, and grow together in this dynamic digital currency space.
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Hong Kong police have initiated a thorough investigation into the activities of the crypto trading platform Hounax. This action follows reports from over 130 individuals who claim to have been defrauded, with losses amounting to a staggering $15.4 million. The South China Morning Post has highlighted the urgency of the situation, noting the commitment of local authorities to make imminent arrests.
Hounax, initially posing as a promising virtual asset trading platform, caught the attention of the Securities and Futures Commission (SFC) earlier this month. The platform, believed to be based in Singapore, was marked as suspicious after it falsely claimed associations with a reputable financial institution and a venture capital firm.
*Source: https://coingape.com/hong-kong-police-investigate-hounax-in-massive-crypto-scandal/?utm_source=24hrsupdateall
----------------------
💰Sign up to Binance and Get 10% discount on transaction fees in Crypto:
https://accounts.binance.com/register?ref=18280558
-------------------------
📝For Work: aldennguyenenergy@gmail.com
*Facebook: https://facebook.com/61553666206587
*Telegram: https://t.me/+XQqogzQkqp1mZjNl
*Twitter: https://twitter.com/CoinNewsCrypto
--------------------------
Welcome to "Coin News Crypto" – your digital beacon in the exhilarating world of cryptocurrency! Our channel is dedicated to delivering the freshest, most insightful cryptocurrency news, in-depth analyses, and market trends that are shaping the future of finance.
At "Coin News Crypto," we understand that the crypto space can be complex and ever-evolving. That's why we've made it our mission to demystify the digital currency landscape, providing you with clear, accurate, and actionable content. Whether you're a beginner curious about blockchain or a seasoned trader looking for the next big opportunity, our channel is tailored to meet your needs.
Our commitment at "Coin News Crypto" is not just to inform but also to build a community of like-minded enthusiasts who are eager to learn, share, and grow together in this dynamic digital currency space.
Hit subscribe and turn on notifications - join our community and become a part of the crypto movement with "Coin News Crypto"!
*Subscribe Channel Coin News Crypto: https://www.youtube.com/@coinnewscrypto
