[Hong Kong Securities and Futures Commission: VEX suspected of engaging in virtual asset-related fraudulent activities, added to the alert list] Foresight News reports that the Hong Kong Securities and Futures Commission (SFC) has issued an announcement stating that 'VEX/Volcano Exchange' is suspected of engaging in virtual asset-related fraudulent activities and has been added to the alert list along with its website. The SFC noted that VEX claims to be a licensed virtual asset trading platform operating in Hong Kong but has not obtained a license. The entity also falsely claimed to be in collaboration with a company licensed by the SFC, but the licensed corporation has confirmed that it has no connection with VEX.