According to Odaily, a user reported that their family member fell victim to a scam involving a fake 'Hong Kong Exchange' website. Initially, they were able to withdraw funds successfully four times, each time amounting to 100 yuan. However, the system later demanded a tax payment to continue withdrawals, threatening to freeze the account if the tax was not paid. The victim has since reported the incident to the police.

Upon investigation, it was found that the fraudulent webpage is currently inaccessible. In response to such impersonation scams, the official Hong Kong Exchange website has issued a warning. The exchange has identified over 400 suspicious websites, although a fake site named 'Hong Kong Stablecoin Exchange (HSEX)' remains accessible. This site closely mimics legitimate trading platforms, displaying cryptocurrency and virtual currency market trends and offering deposit and withdrawal functions.