Hong Kong authorities launched an investigation into cryptocurrency exchange Hounax, which allegedly defrauded users.
According to a report by local news agency South China Morning Post, Hong Kong police are investigating the cryptocurrency exchange. hounax took action for. Authorities have recently 145 different people in Hounax $19 million that you lost in complaint stated that there was. What happened in the news presented is a “rug pullIt was described as a “case”.
Inspector of the police’s commercial crimes bureau Chan Wai-kei In his statement to the local media, the cryptocurrency exchange in question that users do not return their investments He stated that there was evidence. The official responded to the matter shortly after of operations And your arrests He emphasized that it will happen:
Hounax scammers warn people about investing in cryptocurrencies on their platforms. However, when it came to the withdrawal part, many users did not give their money back. We have initiated investigations on this issue and arrests will be made soon.
Hong Kong From the Securities and Futures Commission (SFC) flagged Hounax as a suspicious cryptocurrency exchange earlier this month. SFC included the following details in its statement on the subject:
The exchange named Hounax claims to be a cryptocurrency exchange in cooperation with a financial institution and a venture capital company. But in reality this is not the case. It appears to be targeting Hong Kong investors with a pre-populated +852 field on the user login page and ‘Hounax Hong Kong’ social media channels on Facebook, X and YouTube.
A similar situation occurred in Hong Kong last September. JPEX It happened in the case of a crypto currency called. The authorities, who determined that the stock exchange was defrauding its investors, He arrested 27 people.