The Hong Kong Securities and Futures Commission (SFC) has recently alerted the public about a company named Linkbex, which is suspected of engaging in fraudulent activities related to virtual assets. The firm allegedly made misleading assertions about its connections to seven licensed corporations overseen by the SFC, creating a false sense of legitimacy.
Reports from investors indicate that their accounts with Linkbex have been locked under the pretense of an ongoing anti-money laundering investigation mandated by the SFC. This has raised concerns regarding the firm’s operations and its intentions.
In response to the situation, the Hong Kong Police Force has intervened to restrict access to Linkbex’s website, following a request from the SFC. Additionally, Linkbex has been listed on the SFC’s Suspicious Virtual Asset Trading Platforms Alert List as of March 6, 2025.
The SFC emphasizes the importance of remaining cautious and encourages the public to consult its official website for updates on regulatory actions—including the freezing of client accounts by licensed intermediaries. It is vital for investors to be aware that online investment scams can encompass a broad range of assets and are disseminated through various channels, posing significant risks of financial loss.
Investors are urged to exercise due diligence and skepticism when considering investment ventures, particularly those that appear dubious or lack transparency. The SFC remains vigilant against fraudulent schemes and urges individuals to report any suspicious activities.