The Hong Kong Securities and Futures Commission (SFC) has issued a warning about suspicious websites impersonating legitimate virtual asset trading platforms.
Notably, HSKEX, posing as Hash Blockchain Limited, and OSLEXU and OSLINT, impersonating OSL Digital Securities Limited, were identified.
The SFC highlighted the risk of investors being misled by these websites, which mimic licensed platforms' branding, not allowing the victims withdraw their funds and pressuring them to pay excessive fees and taxes to unlock their assets.
HashKey and OSL are the only licensed crypto exchanges in Hong Kong.