Home/Crypto Live News/SFC Exposes Hong KongDAO and BitCuped as Cryptocurrency Scams!
The Securities and Futures Commission (SFC) has issued a warning regarding suspected virtual asset-related frauds involving Hong KongDAO and BitCuped. These entities are accused of disseminating false information and falsely claiming to have licenses and affiliations they don’t. HongKongDAO allegedly claims to hold licenses and be bidding for a “Hong Kong Digital Currency Exchange Licence,” neither of which is true. Similarly, BitCuped falsely claims Laura Cha and Nicolas Aguzin as its chairman and CEO, respectively.
