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Hong Kong Securities Supervision Commission: Tokencan, Hong Kong Weibi Cryptoassets and HKD.com Corporation suspected of engaging in virtual asset-related fraud

The Hong Kong Securities Supervision Commission today warned the public to beware of entities operating under the names "Tokencan", "Hong Kong Weibi Crypto Asset" and "HKD.com Corporation" suspected of engaging in fraudulent activities related to virtual assets and/or claiming to operate virtual asset trading platforms in Hong Kong without a license. The Hong Kong Police Force has taken action to block relevant websites and social media pages. The Securities Supervision Commission has also placed Tokencan, Hong Kong Weibi Crypto Asset and HKD.com Corporation, as well as their respective websites, on the alert list.