Is Linkbex a Scam? SFC Warns of Virtual Asset Fraud in Hong Kong

On March 06, 2025, the Hong Kong Securities and Futures Commission (SFC) raised a red flag about Linkbex, an entity now under scrutiny for suspected virtual asset fraud. This warning isn‘t just a routine notice—it’s a wake-up call for investors asking, “Is Linkbex legit?” The answer seems to lean heavily toward no.

Linkbex allegedly misrepresented itself, claiming ties to seven SFC-licensed corporations in Hong Kong. That‘s a bold lie, and it didn’t stop there. Investors have reported their accounts being locked, with Linkbex citing an “anti-money laundering investigation of the SFC” as the excuse. It‘s the kind of move that screams scam, leaving people unable to access their funds and wondering what’s next

The SFC didn‘t sit idly by. At their urging, the Hong Kong Police Force stepped in to block the Linkbex website, cutting off one avenue of potential harm. The platform and its site now sit on the SFC’s Suspicious Virtual Asset Trading Platforms Alert List, a public blacklist updated the same day. Its a clear signal: steer clear.

This isn‘t an isolated incident—online investment scams are a growing threat, often cloaked as legitimate virtual asset opportunities. The SFC urges the public to double-check announcements on its official site, especially when accounts get frozen or shady excuses pile up. Losses can hit hard, and fraudsters don’t care about the asset type or channel they exploit.

So, is Linkbex legit? With fake affiliations, locked accounts, and a blocked site, the evidence paints a grim picture. Investors stay sharp—vigilance might just save your portfolio.