The Hong Kong Police Force has received over 2,500 complaints from alleged victims of the Hounax scam. The total amount of reported losses is estimated to be around $193 million. The victims claim that they were enticed to invest in cryptocurrencies on the Hounax platform but faced difficulties withdrawing their funds. Some victims have blamed the authorities for their losses, alleging that the platform's operations were allowed to continue despite warning signs. The Hong Kong Securities and Futures Commission (SFC) has also taken steps to protect investors, warning the public about Hounax's unregistered status. The SFC has also issued a cease-and-desist order against the platform, prohibiting it from conducting any regulated activities.
LIVE
Mkt Cap $2.29T
BTC Dom 56.61 %
BTC
$64,745.00
▼ -0.40%
ETH
$1,912.71
▼ -0.30%
USDT
$0.999372
▲ +0.00%
BNB
$601.14
▲ +1.30%
USDC
$0.999618
▲ +0.00%
XRP
$1.04
▼ -0.10%
SOL
$75.93
▲ +1.30%
TRX
$0.329797
▲ +0.70%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$54.83
▲ +0.80%
DOGE
$0.069955
▼ -0.40%
USDS
$0.999874
▲ +0.00%
RAIN
$0.012649
▼ -0.50%
LEO
$9.75
▲ +0.00%
ZEC
$511.80
▲ +0.50%
ADA
$0.197725
▼ -1.70%
XMR
$381.93
▲ +0.40%
WBT
$56.03
▼ -0.40%
LINK
$8.29
▲ +0.30%
XLM
$0.163279
▼ -0.30%
DAI
$0.999961
▲ +0.00%
BCH
$215.06
▼ -0.60%
USD1
$0.999457
▲ +0.00%
USDE
$0.999739
▲ +0.00%
CC
$0.094995
▲ +4.90%
Mkt Cap $2.29T
BTC Dom 56.61 %
BTC
$64,745.00
▼ -0.40%
ETH
$1,912.71
▼ -0.30%
USDT
$0.999372
▲ +0.00%
BNB
$601.14
▲ +1.30%
USDC
$0.999618
▲ +0.00%
XRP
$1.04
▼ -0.10%
SOL
$75.93
▲ +1.30%
TRX
$0.329797
▲ +0.70%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$54.83
▲ +0.80%
DOGE
$0.069955
▼ -0.40%
USDS
$0.999874
▲ +0.00%
RAIN
$0.012649
▼ -0.50%
LEO
$9.75
▲ +0.00%
ZEC
$511.80
▲ +0.50%
ADA
$0.197725
▼ -1.70%
XMR
$381.93
▲ +0.40%
WBT
$56.03
▼ -0.40%
LINK
$8.29
▲ +0.30%
XLM
$0.163279
▼ -0.30%
DAI
$0.999961
▲ +0.00%
BCH
$215.06
▼ -0.60%
USD1
$0.999457
▲ +0.00%
USDE
$0.999739
▲ +0.00%
CC
$0.094995
▲ +4.90%
BTC
$64,745.00
▼ -0.40%
ETH
$1,912.71
▼ -0.30%
USDT
$0.999372
▲ +0.00%
BNB
$601.14
▲ +1.30%
USDC
$0.999618
▲ +0.00%
XRP
$1.04
▼ -0.10%
SOL
$75.93
▲ +1.30%
TRX
$0.329797
▲ +0.70%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$54.83
▲ +0.80%
DOGE
$0.069955
▼ -0.40%
USDS
$0.999874
▲ +0.00%
RAIN
$0.012649
▼ -0.50%
LEO
$9.75
▲ +0.00%
ZEC
$511.80
▲ +0.50%
ADA
$0.197725
▼ -1.70%
XMR
$381.93
▲ +0.40%
WBT
$56.03
▼ -0.40%
LINK
$8.29
▲ +0.30%
XLM
$0.163279
▼ -0.30%
DAI
$0.999961
▲ +0.00%
BCH
$215.06
▼ -0.60%
USD1
$0.999457
▲ +0.00%
USDE
$0.999739
▲ +0.00%
CC
$0.094995
▲ +4.90%
Mkt Cap $2.29T
BTC Dom 56.61 %
BTC
$64,745.00
▼ -0.40%
ETH
$1,912.71
▼ -0.30%
USDT
$0.999372
▲ +0.00%
BNB
$601.14
▲ +1.30%
USDC
$0.999618
▲ +0.00%
XRP
$1.04
▼ -0.10%
SOL
$75.93
▲ +1.30%
TRX
$0.329797
▲ +0.70%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$54.83
▲ +0.80%
DOGE
$0.069955
▼ -0.40%
USDS
$0.999874
▲ +0.00%
RAIN
$0.012649
▼ -0.50%
LEO
$9.75
▲ +0.00%
ZEC
$511.80
▲ +0.50%
ADA
$0.197725
▼ -1.70%
XMR
$381.93
▲ +0.40%
WBT
$56.03
▼ -0.40%
LINK
$8.29
▲ +0.30%
XLM
$0.163279
▼ -0.30%
DAI
$0.999961
▲ +0.00%
BCH
$215.06
▼ -0.60%
USD1
$0.999457
▲ +0.00%
USDE
$0.999739
▲ +0.00%
CC
$0.094995
▲ +4.90%
