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Hong Kong Clearing exposes fake crypto wallet scam using cash rewards

Hong Kong Clearing exposes fake crypto wallet scam using cash rewards

Hong Kong Interbank Clearing Limited has uncovered multiple counterfeit websites that use cash rewards and virtual wallet transactions to steal personal and banking information from users.

Summary

  • HKICL has warned of fake websites using cash rewards and virtual wallets to steal personal and banking information.
  • The clearing company said the scam sites falsely pose as official FPS service providers and have no connection to HKICL.
  • The warning comes as Hong Kong regulators tighten crypto security rules and crack down on suspicious trading platforms.

According to a July 10 notice from Hong Kong Interbank Clearing Limited (HKICL), the fraudulent websites impersonate the…

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