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Hong Kong police probe crypto exchange that vanished with $57m in investor deposits https://t.co/r5ChMCME2q
UPDATE: HONG KONG'S SFC ISSUED A WARNING AGAINST THE MEXC CRYPTO EXCHANGE, WARNING INVESTORS THAT IT IS AN UNLICENSED PLATFORM FOR TRADING VIRTUAL ASSETS
Hong Kong Securities and Futures Commission warned the public that @MEXC_Official has been operating without a license. @camomileshumba reports https://t.co/tGMMWnUv2t
Crypto.com has been fined $3.1 million (2.85 million euros, approximately $3.12 million) by the Dutch Central Bank for operating without proper registration and for severe violations of compliance requirements before the cryptocurrency exchange registered with the regulator. The fine was imposed on Foris DAX MT Limited, the entity behind Crypto.com. This incident, reported by @iamsandali, underscores the regulatory scrutiny on crypto exchanges globally.
