Disclosure details -

Hong Kong Regulatory Authority

Year 1989Regulated by Government

The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets. The SFC derives its investigative, remedial and disciplinary powers from the Securities and Futures Ordinance (SFO) and subsidiary legislation. Operationally independent of the Government of the Hong Kong Special Administrative Region, the SFC is funded mainly by transaction levies and licensing fees. As a financial regulator in an international financial centre, the SFC strives to strengthen and protect the integrity and soundness of Hong Kong's securities and futures markets for the benefit of investors and the industry.

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Warning Suspicious

BitForex

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-03-04
Reason for punishment Questionable websites may offer investment opportunities that are too attractive to be true, such as shares of fictitious companies that did not undergo an initial public offering at a deep discount, or funds that guarantee multiple returns, but in reality these investments does not exist. In other cases, those websites may be fake websites that pretend to be the websites of reputable financial institutions to trick investors into paying money and/or disclosing personal information, giving scammers the opportunity to deceive investors.

Disclosure details

List of unlicensed companies and suspicious websites

The list of unlicensed companies and suspicious websites lists companies that are not licensed in Hong Kong and have attracted the attention of the SFC. These companies are suspected to be currently or have been targeting Hong Kong investors, or claiming to have ties to Hong Kong. You can search by name or category to check whether a company is included in the list. This list is not exhaustive. As the Securities and Futures Commission often discovers companies or websites worth noting, we will add new names to the list from time to time. If you have been contacted by an unlicensed company, please use our online complaint form. For further information on boiler rooms, fraudulent websites and fake emails, please click on the relevant links. Note: The list of unlicensed companies and suspicious websites is intended to alert investors as early as possible. Investors should not rely solely on the information on the above list and should carefully check the details of individual companies themselves. Please select the first English letter of the name in each column to view the list, or click on the "Chinese Name" column to view companies with Chinese names only. " Name: (new) BitForex Category: Suspicious virtual asset trading platform address: - Website: https:// BitForex .com/ https://support. BitForex .com/ https://www.facebook.com/ BitForex com/ https://hk.linkedin.com/company/ BitForex exchange https://twitter.com/ BitForex com https://www.youtube.com/@ BitForex official9256 https://t.me/ BitForex _official_news https://t.me/ BitForex english https://t.me/ BitForex club https://t.me/ BitForex korean https://t.me/ BitForex vietnamese Note: The above-mentioned company claims to be a virtual asset trading platform and claims to be an entity headquartered in Hong Kong. It is suspected of operating the above-mentioned website and engaging in fraudulent activities. The entity's website is now down, preventing investors from accessing their accounts and withdrawing assets held with the entity. Date first published: March 4, 2024

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Danger

2019-01-04

cmvm warns investors about the Trader.Online