[Hong Kong SFC Adds VEX to Alert List for Suspected Fraudulent Activities Related to Virtual Assets] According to a report by Golden Finance, the Hong Kong Securities and Futures Commission (SFC) has warned the public to be cautious of an entity named 'VEX/Volcano Exchange,' which is suspected of engaging in fraudulent activities related to virtual assets. The SFC has added the entity and its website to its alert list. The Hong Kong SFC further stated that VEX or Volcano Exchange claims to be a licensed virtual asset trading platform operating in Hong Kong but has not obtained a license from the SFC. The entity also falsely claimed to be collaborating with a licensed company in Hong Kong, but the licensed corporation has confirmed that it has no connection with them.