The Hong Kong Securities and Futures Commission (SFC) has added Vebit to its list of suspicious virtual asset trading platforms, identifying five associated websites. The regulator warned that the platform is not licensed and is suspected of conducting unregulated activities.
Vebit allegedly offers spot trading, futures, and futures copy trading services for digital assets through these sites. The SFC cautioned investors that the company lacks proper authorization to operate in Hong Kong and may be engaging in unlicensed regulated activities.
Hong Kong SFC Flags Vebit as Suspicious Virtual Asset Trading Platform
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