Hong Kong Securities and Futures Commission: "Tokencan," "Hong Kong Wei Bi Cryptocurrency," and others are suspected of engaging in fraud related to virtual assets

ChainCatcher news, the Hong Kong Securities and Futures Commission today warned the public to be cautious of entities operating under the names "Tokencan," "Hong Kong Wei Coin Crypto Assets," and "HKD.com Corporation," which are suspected of engaging in virtual asset-related fraudulent activities, and may be claiming to operate virtual asset trading platforms in Hong Kong without a license.

The Hong Kong Police Force has taken action to block the relevant websites and social media pages. The Securities and Futures Commission has also included "Tokencan," "Hong Kong Wei Coin Crypto Assets," and "HKD.com Corporation," along with their respective websites, on the warning list.