Hong Kong SFC Flags Star Bridge Capital Group as Unlicensed

SBCFX collapse leaves traders' USDT deposits hard to recover, Hong Kong warns

Hong Kong’s securities watchdog has declared broker SBCFX and many of its affiliated entities unlicensed, shortly after a collapse in trading that forced thousands of gold investors to lose their USDT holdings. According to the reports, the SFC added SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited, and Topical Wealth International Ltd to...

Hong Kong SFC flags Star Bridge Capital Group as unlicensed

The SFC's alert underscores the critical need for investor vigilance and may influence future regulatory approaches to crypto-related fraud. The post Hong Kong SFC flags Star Bridge Capital Group as unlicensed appeared first on Crypto Briefing.

Hong Kong Regulator Adds SBCFX and Star Bridge Entities to Alert List

Why Did Hong Kong’s SFC Flag SBCFX? Hong Kong’s Securities and Futures Commission has added SBCFX and several entities using the Star Bridge Capital name to its alert list, warning that they are not licensed to conduct regulated activities or actively market regulated financial services to investors in Hong Kong. The regulator added the entities on August 28, naming SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited and Topical We…