The Hong Kong Securities and Futures Commission warned the public to beware of an unlicensed virtual asset trading platform called "CoinUnited.io." The Hong Kong Securities and Futures Commission listed CoinUnited.io and its related websites on the list of suspicious virtual asset trading platforms on July 25th, 2024. CoinUnited.io claims to provide cryptocurrency, stock, index, forex, and commodity trading services and has claimed to have a flagship store in Hong Kong and to be recruiting in Hong Kong, but it has never been licensed by the Hong Kong Securities and Futures Commission and has never applied for any licenses from the Hong Kong Securities and Futures Commission.
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