Hong Kong SFC warns against R-Coin Wallet: Platform falsely claims to be licensed

2026-02-10 02:03:10

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The Hong Kong Securities and Futures Commission (SFC) has issued a critical warning: The so-called R-Coin Wallet platform (also known as R-Wallet and 聚满金) is operating not only suspiciously but also falsely claiming to be a licensed trading platform for virtual assets. This fraudulent activity poses a serious risk to investors, as the platform is operating under a false identity.

The Fraud Strategy: Identity Theft and False License Claims

The core element of the scam is that R-Coin Wallet falsely claims to be a virtual asset trading platform licensed by the Hong Kong SFC. Particularly insidious: the scammers have stolen and misused the registration numbers of a genuine, licensed platform. This creates the completely false impression that the two entities are connected – in reality, there is no relationship between R-Coin Wallet and the authentic licensed platform. According to Odaily’s report, this is a fraudulent operation related to virtual assets designed to systematically deceive investors.

Why This Warning Is Important for Investors

Such deception tactics are especially dangerous because potential users might fall for the false assumption that they are dealing with a regulated and secure platform. The SFC has therefore included this platform on its official list of suspicious trading platforms for virtual assets. Investors should be extremely cautious and verify before using any trading platform whether it is actually licensed by the SFC – not just falsely claiming to be.

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