Crypto Exchanges And ICO Issuers Warned By Hong Kong Regulator For Fraudulent Activities

News, Regulation | February 9, 2018 By:

The Hong Kong Securities and Futures Commission (SFC) has announced that it has taken regulatory action against a number of cryptocurrency exchanges and issuers of initial coin offerings (ICO).

In a statement released Today, the SFC said that investors have complained to the commission that they were unable to withdraw cryptocurrencies from their accounts with some exchanges,