Hong Kong SFC issues warning over imposter crypto exchange masquerading as MEXC

THE Hong Kong SFC identified eight websites related has THE fraudulent entity posing as THE crypto exchange MEXICO, all containing THE Exchanges name In THE domain name.

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THE Hong Kong Securities And Futures contracts Commission (CFS), next to THE local Police force, has issued A warning concerning A fraudulent entity posing as THE prominent cryptocurrency exchange MEXICO. THE impostor East allegedly deceive potential investors And siphon funds.

In A recent statement, THE Hong Kong SFC underlines he East collaborate with THE Police force In A joint operation as part of It is wider efforts has monitor And investigate virtual active trade suppliers (VAT) engaging In illicit activities.

Hong Kong Securities And Futures contracts Commission Alert List. Source: Hong Kong SFC

THE regulator alleged that THE fraudulent entity Operating below THE name 'MEXC' East deception investors In deposit funds In It is bank account For supposed investments, only has find difficulties When to attempt has withdraw THE funds later lit.

"On these cat groups, victims interested In purchase cryptocurrencies were referred has websites exploited by MEXICO. Victims were SO request has deposit funds In designated bank accounts For investment purposes but After that they reported difficulties with funds withdrawal. »

Furthermore, THE SFC identified eight websites suspected has be partner with THE fraudulent entity. All of these websites contain “MEXC” In their domain names, such as "mexczx.icu" And "mexczx.co."

"THE public should attention...