Hong Kong SFC adds seven entities to list of suspicious virtual asset trading platforms

On July 5, the Securities and Futures Commission (SFC) of Hong Kong announced the addition of seven entities to its list of suspicious virtual asset trading platforms. The entities identified are XTCQT, CEG, BTEPRO, Bitones.org, Yomaex, Bstor and Taurusemex. The financial regulator in the Chinese special administrative region has flagged these platforms for allegedly engaging in fraudulent activities.