The Hong Kong Securities and Futures Commission plans to collaborate with the police and licensed institutions to freeze fraudulent funds using the "24/7 payment halt mechanism."

The CEO of the Hong Kong Securities and Futures Commission, Ashley Alder, stated that the agency has received nearly 900 complaints about investment fraud, with a quarter related to virtual currencies. The Hong Kong Securities and Futures Commission will collaborate with the police, customs, the Monetary Authority, as well as licensed brokers and virtual asset service providers (licensed institutions) to establish communication channels with licensed institutions and actively cooperate with the police's anti-fraud coordination center's "24/7 payment halt mechanism" to immediately freeze transfers involved in fraud or high risk.