• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The Hong Kong regulator warned about scammers posing as the MEXC crypto exchange

The Hong Kong regulator warned about scammers posing as the MEXC crypto exchange

user avatar

by Max Nevskyi

a year ago


The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to the public regarding fraudulent organizations masquerading as the well-known cryptocurrency exchange MEXC. During the investigation of illegal virtual asset service providers, the SFC, in collaboration with law enforcement agencies, identified around eight fake websites using the name "MEXC" in their domain names, such as "mexczx.icu" and "mexczx.co".

These scammers deceive people in various chats and groups, persuading them to deposit funds into a specified bank account for crypto trading and investments. However, when victims attempt to withdraw their funds, they discover they have been deceived.

In September 2023, the SFC announced plans to publish a list of licensed crypto companies and platforms for trading virtual assets, which are under review for licensing. This move aims to assist the public in identifying unregulated crypto platforms in Hong Kong and protect them from fraudulent schemes.

Last year, concerns arose among MEXC users regarding potential issues with the exchange, sparked by the sudden removal of the MEXC_CEO account, allegedly belonging to the exchange's CEO. However, MEXC later refuted these rumors, reassuring that the platform is functioning normally.

0

Share

Other news

Semler Scientific Significantly Boosts Bitcoin Investments to $472 Million

Semler Scientific has increased its Bitcoin investments to $472 million, reflecting growing corporate interest in cryptocurrencies.

user avatarGiorgi Kostiuk

8 minutes ago

XYZVerse: A Potential Player in the Meme Coin Market

XYZVerse promises significant growth after launch. Experts are watching its progress alongside SUI and TRX.

user avatarGiorgi Kostiuk

8 minutes ago

Bybit: Security Lessons After the Billion-Dollar Heist in Crypto

Bybit implements new security measures following a hacking incident deemed the largest in crypto history.

user avatarGiorgi Kostiuk

9 minutes ago

Owning 10,000 XRP Tokens May Become Unattainable for 99% of Investors, According to Expert

Expert Edoardo Farina warns that the opportunity to acquire 10,000 XRP might soon disappear for most investors.

user avatarGiorgi Kostiuk

9 minutes ago

XRP: Analysis of Current Trends and Potential Declines

Analysis of the current situation with XRP, including NUPL metrics and decline risks.

user avatarGiorgi Kostiuk

14 minutes ago

Orca Improves DeFi Conditions: New Adaptive Fees Strategy

Orca has introduced a new adaptive fee system aimed at stabilizing the DeFi market and improving liquidity.

user avatarGiorgi Kostiuk

15 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.