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The Hong Kong Securities and Futures Commission has included Sure X in the warning list of suspicious virtual asset trading platforms

2024-04-05 19:31:09
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ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) has listed Sure X and its website on its official warning list as a suspicious virtual asset trading platform. It warns the public to be cautious of a suspected virtual asset trading platform operating under the name "Sure X," also known as "Sure Bit International Pte Ltd / Sure Bit International Ltd / Sure 9."

The SFC pointed out that although the Sure X platform website appears to be inaccessible, it has noted that Hong Kong investors may still be able to access the relevant website or suspected trading platform online or through other means and register as new users. The SFC suspects that Sure X may be actively promoting its virtual asset trading platform services to Hong Kong investors under the guise of providing education and training related to blockchain and cryptocurrency, without a license. According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, operating virtual asset services in Hong Kong without a license or actively promoting such services to Hong Kong investors is a criminal offense.

The SFC once again warns investors not to trade virtual assets on unregulated virtual asset trading platforms.

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