Hong Kong Securities and Futures Commission: HOUNAX has received 15 complaints about suspected fraud so far

Virtual asset trading platform HOUNAX is suspected of fraud. The Hong Kong Securities and Futures Commission stated that it has received 15 related complaints so far, and the victims have also reported to the police.

In response to the inquiry, the Securities and Futures Commission stated that since receiving the complaints, it has noticed that the activities of the platform have aroused suspicion by the authorities, and therefore listed the platform as a "unlicensed company and suspicious website", and pointed out that the platform was not regulated and did not obtain a license from the Securities and Futures Commission, and the authorities have no right to suspend the operation of the platform.

The spokesperson also stated that the authorities have exchanged intelligence with the police regarding the HOUNAX incident through the mechanism launched earlier, and the investigation is still ongoing.