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Shenchao TechFlow news: On June 29, Hong Kong-licensed virtual asset exchange VDX officially released a statement warning the public about fraud involving impersonation of the VDX name. The statement discloses that criminals have illegally used the VDX brand name to launch a so-called “VDX App.” The company said that it is currently mainly a B2B platform for institutional clients, and at this stage there is no official app available for the public. Any app, installation package, QR code, link, or third-party application that claims to be released by VDX and requires users to download or use is not officially released by VDX. The company reminds users to beware of impersonation and fraud.