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The Hong Kong Securities and Futures Commission has added four new suspicious virtual asset trading platforms to its list in the past two months

Dec 17, 2025 18:57:03

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The Hong Kong Securities and Futures Commission's website has added four new entries to the "suspicious virtual asset trading platforms" list in the past two months, namely HKTWeb3, AmazingTech, 9M AI, and Hong Kong Stablecoin Exchange.

All four platforms are suspected of operating without a license. HKTWeb3 claimed on its website to be collaborating with a licensed virtual asset trading platform, but this was debunked; the Hong Kong Stablecoin Exchange falsely claimed to be established by "the three major exchanges in Hong Kong: HKEX, the Stock Exchange, and the Futures Exchange," but in fact, it has no connection to any of them.

Currently, the HKTWeb3 website is inaccessible, while the other websites are functioning normally.

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