Odaily News Zheng Dejia, Director of the Regulation and Enforcement Department of the Hong Kong Securities and Futures Commission, said that the Securities and Futures Commission and the Police Force have established a virtual asset trading platform working group, which has held 4 meetings in October and November. Subsequently, it is planned to follow this mechanism to discuss relevant virtual asset trading platforms. Conduct information exchanges on cases and cases at least twice a week. Both parties will develop criteria and conduct risk assessments on individual cases to decide whether to further investigate or enforce the law. If the SFC discovers that there is a particularly suspicious case that requires rapid enforcement or related actions, it will contact the police as soon as possible so that both parties can effectively coordinate during the investigation and enforcement period. He continued that during the one-week regular information exchange period, if the Securities and Futures Commission discovers that there is a particularly suspicious case that requires rapid enforcement or related actions, it will contact the police as soon as possible so that both parties can effectively coordinate during investigation and enforcement. Regarding the number and amount of people defrauded by HongKongDAO and BitCuped, the China Securities Regulatory Commission pointed out that the cases are still under investigation and there is no relevant information yet. When other suspicious platforms are discovered in the future, if it is assessed that they should be announced, they will be announced as soon as possible. (Essential News) Yesterday, the Hong Kong Securities and Futures Commission stated that HongKongDAO and BitCuped were suspected of virtual asset fraud.