Hong Kong’s SFC to Publish ‘Suspicious’ Crypto Platforms
Hong Kong’s Securities and Futures Commission has announced that it will publish a list of crypto trading platforms that pose a security risk. The Securities and Futures Commission (SFC), one of Hong Kong’s primary financial regulators, has pledged to intensify efforts to combat unregulated cryptocurrency trading platforms within its jurisdiction. The SFC announced on September […]
FTX Files Lawsuit Against Former Hong Kong Affiliate Staff
To recover $157.3 million, the bankrupt crypto exchange FTX has filed a lawsuit against former Hong Kong affiliate company employees. According to court documents, defunct cryptocurrency exchange FTX filed a lawsuit on September 21 against former employees of Hong Kong-based company Salameda, which was previously affiliated with the FTX group. In its court filing, FTX […]
Hong Kong Police Arrest “jolamchok” Over JPEX Ties
Joseph Lam (Lin Zuo), also known as “jolamchok” on Instagram, was reportedly detained by Hong Kong police for his ties to JPEX. A Hong Kong-based social media influencer was purportedly arrested after their involvement in the liquidity crisis of the cryptocurrency exchange JPEX was uncovered. South China Morning Post reports that Hong Kong police apprehended […]
Genesis Global Shuts Down All Crypto Trading Operations
Genesis Global, a subsidiary of Digital Currency Group, has ceased all of its crypto trading activities post-bankruptcy. Genesis Global, a once-significant participant in the cryptocurrency trading industry, has announced its intention to exit the market altogether. Genesis Global Discontinues Trading Activities This decision follows the company’s earlier decision to discontinue its spot trading services. Now, […]
Coinbase Clarifies Service Suspension Reports in India
A Coinbase spokesperson reaffirmed the company’s long-term commitment to India, stating their need to remain in the market. Coinbase has clarified in response to the previous reports that it would shortly cease all operations for Indian clients. Coinbase said in an email that it would stop providing all trading services to users in India after […]