Hong Kong SFC Adds '9M AI Group/9M AI' to Suspicious Virtual Asset Trading Platform Warning List

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In accordance with Jinse, the Hong Kong Securities and Futures Commission (SFC) announced on December 9, 2025, that it has added '9M AI Group Inc./9M AI' to its warning list of suspicious virtual asset trading platforms. The SFC stated that the platform claims to operate a virtual asset trading platform in Hong Kong but has not obtained a license from the SFC. The entity is suspected of conducting unlicensed activities in Hong Kong and targeting Hong Kong investors for promotion.

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