Wu said that the Hong Kong Securities and Futures Commission issued a notice to warn the public to beware of seven entities suspected of engaging in fraudulent activities claiming to be related to virtual assets (collectively referred to as the suspected entities), which operate under the following names: XTCQT, CEG, BTEPRO, Bitones.org, Yomaex Crypto Market Limited (also known as "Yomaex"), Bstor (also known as "Bstorest"), Taurusemex. The Hong Kong Securities and Futures Commission stated that the suspected entities claimed to provide cryptocurrency trading services, and some of the suspected entities had used social media platforms or instant messaging software to guide investors to their respective websites to register as users to invest in cryptocurrencies. The suspected entities and their respective websites were included in the SFC's warning list of suspicious virtual asset trading platforms on July 5, 2024.