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Hong Kong cryptocurrency exchange allegedly hit by frozen funds

Dozens of clients have been unable to make withdrawals from Coinsuper since late November, based on a review of messages on the firm’s official Telegram chat.

Hong Kong crypto exchange allegedly hit by frozen funds

Customers of a Hong Kong-based cryptocurrency exchange say they cannot withdraw money or tokens from the bourse, and at least seven have reported the matter to police. Dozens of clients have been unable to make withdrawals from Coinsuper (幣成) since late November last year, based on a review of messages on the firm’s official Telegram chat. Five customers said that they had filed police reports after withdrawals were apparently frozen, leaving them unable to retrieve about a combined US$55,000 of tokens and cash. The uproar around Coinsuper, backed by Pantera Capital, might fuel calls for broader regulatory oversight in Hong Kong. The head of

Hong Kong Crypto Exchange Allegedly Hit by Frozen Funds

(Bloomberg) Customers of a Hong Kong-based cryptocurrency exchange run by a former senior UBS Group AG executive say they can’t withdraw money or tokens from the bourse, and at least seven have reported the matter to police.

Dollar debt default declared along with Kaisa: Evergrande update

More firms registered in Hong Kong in H1

More firms registered in Hong Kong in H1 1 2021-07-13 20:22:06Xinhua Editor : Wang Yifan ECNS App Download More firms were registered in Hong Kong during the first half of this year, official data showed Tuesday. A total of 56,253 local companies were newly registered during the first six months, an increase of 11.07 percent when compared to the figure in the second half of 2020, Hong Kong s Companies Registry said in a statement. By the end of June, the number of local companies registered under Hong Kong s companies ordinance totaled 1.38 million. The report also said 662 non-Hong Kong companies established a place of business in the same period, taking the total number of such firms in Hong Kong to 14,044.

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