Hong Kong’s SFC has listed HKTWeb3 as suspicious for operating without a license and falsely claiming ties to a regulated crypto exchange.
The Securities and Futures Commission (SFC) of Hong Kong has added HKTWeb3 to its public list of suspicious virtual asset trading platforms, stating it is unlicensed to operate in the region. The regulator said the platform misrepresented a collaboration with a licensed exchange, which has confirmed it has no connection to HKTWeb3.