Hong Kong Police Issues Alert About Text Message Phishing Scam Drained 446,000 From Binance Users | Bitcoinist.com

Binance, Crypto News, Crypto Phishing Scams, Hong Kong Police, Message phishing, Scam Alert

The Hong Kong Police Force has raised awareness after 11 Binance customers fell victim to text message phishing scams. According to a Facebook post by CyberDefender, under the state’s police, fraudsters posed as Binance and sent malicious messages to users.  Due to the seeming authenticity of the source, the bad actors successfully fleeced users of their […]

Hong Kong Police Forms New Work Group To Fight Against Illegal Trading Activities | Bitcoinist.com

crypto exchanges, Hong Kong Police, Illegal Trading, JPEX, Legislation, Securities and Futures Commission SFC

Hong Kong’s Securities and Futures Commission (SFC) has allied with the Police to establish a group to monitor and investigate crypto exchange-related crimes. This development comes amid scandals involving the Dubai-based JPEX exchange, a leading Hong Kong crypto industry player. The SFC revealed its latest move in an October 4 announcement, noting that it formed […]