According to ChainCatcher, CoinPost reported that the Japanese Financial Services Agency issued a warning to the overseas cryptocurrency exchange "LBank Exchange" on June 14, saying that it was not registered to provide cryptocurrency transactions.
The Financial Services Agency stated that LBank Exchange "has an unknown location and unknown representative, and conducts crypto asset trading business for Japanese residents through the Internet." In March last year, the Japanese Financial Services Agency warned four companies, including Bybit Fintech Limited, MEXC Global, Bitget Limited, and Bitforex Limited, that they were not registered to provide cryptocurrency transactions.