The Securities and Futures Commission held a press conference yesterday (6th), pointing out that HongKongDAO and BitCuped are suspected of being involved in virtual asset fraud, and the police force has taken action to block the websites of HongKongDAO and BitCuped as required, but the relevant websites can still be browsed as usual this morning (7th).
In response to enquiries in the evening, the Police said that the Police had made a takedown request to the relevant agencies for the suspicious website. The reporter immediately browsed the Internet, only to see "404" on the BitCuped website, and the other one was still able to browse.


The SFC held a press conference yesterday to point out that HongKongDAO and BitCuped were suspected of being involved in virtual asset fraud, and that the Police Force had taken action to block the websites of HongKongDAO and BitCuped at the request of the SFC.

The SFC also issued cease and desist letters to the operators of the relevant websites, requiring them to cease to provide purchase services for a token issued by HongKongDAO.

When you enter the websites of HongKongDAO and BitCuped on the scameter, the results are "high-risk", and the URLs are related to the fraud report. However, both sites are still available as usual.

The reporter was still able to browse the two websites online this morning, and after checking with the police, they received a reply in the evening that "the police have made a request to the relevant agencies for the removal of the suspicious websites". However, the reporter immediately clicked on the link to verify, and the HongKongDAO website can still be browsed, only BitCuped's website cannot be browsed, and "404" is displayed.

As stated by the SFC, BitCuped claims in the FAQ section of its website that "Laura Cha" and "Nicolas Aguzin. Aguzin serves as its chairman and chief executive officer, respectively, and shares the same name as Laura Cha, chairman of the Hong Kong Stock Exchange, and Nicholas Aguzin, executive director and chief executive officer, respectively, and neither of them is actually related to BitCuped.

BitCuped also claims to be based in Iceland, and said that the company was founded as a stockbrokers' association in 1891 and became the BXCORPINT stock exchange in 1914.

As for HongKongDAO, it claims to issue 100 million tokens named "HKD" or "HongKongDAO" (HKD token) on its website, and mentions another sub-coin called "HKB", which users need to "pledge" with HKD tokens to have a chance to obtain it. Similar pledges have previously appeared on other exchanges involved in virtual asset fraud.

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