SFC Exposes Hong KongDAO and BitCuped as Cryptocurrency Scams!

The Securities and Futures Fee (SFC) has issued a warning relating to suspected digital asset-related frauds involving Hong KongDAO and BitCuped. These entities are accused of disseminating false info and falsely claiming to have licenses and affiliations they don’t. HongKongDAO allegedly claims to carry licenses and be bidding for a “Hong Kong Digital Forex Alternate Licence,” neither of which is true. Equally, BitCuped falsely claims Laura Cha and Nicolas Aguzin as its chairman and CEO, respectively.

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