JD CoinChain Technology: JD Stablecoin has not been issued, and all trading platforms JD-HKD are counterfeit

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According to , JD Coin Chain Technology stated, "We have noticed that someone is impersonating JD's name and releasing a digital currency called JD-HKD on mainstream trading platforms, deceiving users into participating in transactions. These deceptive actions not only damage the legitimate rights and interests of JD Coin Chain Technology but also harm users participating in the transactions. JD Coin Chain Technology has communicated with mainstream trading platforms to delist the related digital currency and issued a notice to warn users."

In this regard, JD Coin Chain Technology also wants to remind all users: As a participant in the Hong Kong Monetary Authority's stablecoin issuance sandbox, JD Coin Chain Technology fully complies with the process guided by Hong Kong regulations. Before obtaining a Hong Kong stablecoin issuer license, any issuance of coins using terms like JD Stablecoin, JD-HKD, JD-USD to attract users, or issuing coins under the name of JD or JD's partners, are scams. JD will not release any governance tokens other than JD Stablecoin. Users are advised to carefully identify and avoid participating in such activities.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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