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Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud

The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets fr...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The SFC suspects Proxinex enlisted an agent to attract investors through dating apps, possibly using […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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