According to Foresight News, the Hong Kong Securities and Futures Commission issued a notice to warn the public to beware of an unlicensed virtual asset trading platform called CoinUnited.io. The Hong Kong Securities and Futures Commission included CoinUnited.io and its related websites on the warning list on July 25, 2024.

CoinUnited.io claims to provide cryptocurrency, stock, index, foreign exchange and commodity trading services, and has claimed to have a flagship store and recruit in Hong Kong, but it has never been licensed by the Hong Kong Securities and Futures Commission and has never applied for any license from the Hong Kong Securities and Futures Commission.