Hong Kong SFC Issues Warning About Fraudulent Exchange 'Bitget Pro'

IconCrypto News Terminal23 Apr, 2024

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Hong Kong SFC Issues Warning About Fraudulent Exchange 'Bitget Pro'

The Hong Kong Securities and Futures Commission (SFC) recently issued a warning to investors regarding Bitget Pro and CBEX Group, two platforms suspected of fraudulent activities. According to the SFC's official website, unauthorized withdrawals were reported on these platforms, resulting in user difficulties. Subsequently, access to their websites was blocked. Bitget Pro is believed to be a fraudulent entity impersonating Bitget, a reputable global cryptocurrency exchange. The SFC advises investors to exercise caution when dealing with these platforms and to only engage with authorized and regulated entities. Previously on [date]: Crypto exchange FTX files for bankruptcy