The Hong Kong Securities and Futures Commission has included "Koinex" and "Globiance X/Globiance HK" in the warning list of suspicious virtual asset trading platforms.

According to Mars Finance, the Hong Kong Securities and Futures Commission has announced that “Koinex” and “Globiance X Limited / Globiance HK Limited” have been included in the warning list of suspicious virtual asset trading platforms. The Hong Kong SFC stated that “Koinex” and “Globiance X/Globiance HK” both promote the operation of virtual asset trading platforms and are suspected of conducting unlicensed activities. In addition, some investors have reported difficulties in withdrawing assets from “Globiance X/Globiance HK”.