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CORRESP
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    Mark
                                            E. Crone

    Managing
    Partner

    mcrone@cronelawgroup.com

    Joe
    Laxague

    Partner

    jlaxague@cronelawgroup.com

VIA
EDGAR

November
12, 2024

THE
UNITED STATES SECURITIES

AND
EXCHANGE COMMISSION

Office
of Finance

Division
of Corporation Finance

Washington,
D.C. 20549

Attn:
Sonia Bednarowski and Jessica Livingston

    Re:
    Plutus
                                            Financial Group Limited

    Amendment
    No. 6 to Registration Statement on Form F-1

    Filed
    October 25, 2024

    File
    No. 333-276791

Dear
Ms. Bednarowski and Ms. Livingston:

We
write on behalf of Plutus Financial Group Limited (the “Company”) in response to comments by the United States Securities
and Exchange Commission (the “Commission”) in its letter dated October 31, 2024, commenting on Amendment No. 6 to the Company’s
Registration Statement on Form F-1 filed October 25, 2024 (the “Registration Statement”).

Titling
and paragraph numbering of the comments listed below corresponds to the titling and numbering used in the Commission’s comment
letter.

Amendment
No. 6 to Registration Statement on Form F-1

Cover
Page

1.
Please revise your disclosure here and throughout that “[t]he Company may be subject to unique risks due to uncertainty of the
interpretation and the application of the PRC laws and regulations” to state that the company is subject to such risks.

Response:
In response to this comment, the Company has amended the Registration Statement on the cover page and on the cover page of the selling
shareholder prospectus to indicate that it is subject to such risks.

    United States Securities and Exchange Commission

Attn: Sonia Bednarowski and Jessica Livingston

November 12, 2024

Page 2 of 3

Management’s
Discussion and Analysis of Financial Condition and Results of Operations

Revenues,
page 63

2.
We note your disclosures in multiple locations (e.g., pages 4, 5, 63, etc.) that margin loans at December 31, 2022, December 31, 2023,
and June 30, 2024 were HK$56,525,000, HK$34,477,000, and HK$34,700,000, respectively. However, this does not appear to match your rollforwards
on pages 66 and 80, nor does it appear to match the June 30, 2024 total in the balance sheet or interim Note 6 (HK$34,593,000). Please
revise, reconcile, and explain the differences in your rollforwards so that readers can appropriately interpret the data presented. In
addition, revise or reconcile and explain any differences between balances in your rollforwards and related amounts shown elsewhere in
the filing, such as in the footnotes and your financial statements. As examples only, we note that:

● balances
                                            at each period end in your margin loan rollforward on page 5 do not appear to match amounts
                                            shown in the rollforwards on pages 66 and 80; and

● your
                                            rollforward on page 66 appears to show no margin loan activity during the first half of 2024
                                            except HK$107,000 of expected credit loss recognized, but this does not appear consistent
                                            with disclosures on page 5 or the interest income recognized during the period.

Response:
In response to this comment, the Company has amended the Registration Statement throughout to update and correct these and other figures.
In the previous filing, certain changes made to the financial statements were not carried over into the disclosures in the body of the
F-1. This has been corrected.

Operating
Expenses, page 64

3.
We note your disclosure that the contractual arrangement with the account executive “who procured the customers with defaulted
margin loans” was terminated during the year ended December 31, 2023. Please revise your disclosures to address the items below.

● Clarify
                                            whether all defaulted margin loans for the periods presented were procured by this former
                                            account executive.

● Quantify
                                            the amount or percentage of total investments, revenues, and commissions paid that were attributable
                                            to this account executive during the periods presented.

Response:
In response to this comment, the Company has amended the Registration Statement at pages 64, 65, and 79 to provide the information requested.

    United States Securities and Exchange Commission

Attn: Sonia Bednarowski and Jessica Livingston

November 12, 2024

Page 3 of 3

Notes
to Consolidated Financial Statements

Note
2. Summary of Significant Accounting Policies

Loans
to Customers, page F-10

4.
We note your response to comment 4 and related revisions on page F-10. Please expand your disclosures, here or elsewhere in your footnotes
as appropriate, to address the items below.

  ●
  We note that you charge off receivables after all collection
efforts have ceased. Describe your collection effort process for margin loan receivables, including actions related to borrowers and
to account executives, and explain at what point you cease those efforts and consider them to be completed / exhausted.

  ●
  Quantify the amount of receivables, if any, that exceeded
the provision for credit losses and were directly charged off in the consolidated statements of loss and other comprehensive loss during
the periods presented.

Response:
In response to this comment, the Company has amended the Registration Statement at pages F-10 and F-35 under the “Loans to Customers”
portion of Note 2 to clarify the collection effort process: (1) If the value of the collateral drops below a certain threshold, the Company
requires the borrower to deposit additional funds or securities to maintain the required equity ratio within a time range determined
by the Company case by case. The Company might agree with customers not to liquidate their collateral and not to call for their personal
guarantees immediately upon negotiation of repayment plans on the outstanding margin loans. (2) If the discussion fails or the customers
fail to comply with the repayment plan, the collateral security will be liquidated to restore compliance with the collateral requirement,
and the Company will receive the proceeds immediately. (3) In the event that there are margin loans outstanding after the liquidation
of all collateral securities, the Company pursues legal action to recover outstanding margin loans, followed by bankruptcy petitions
for the customers by calling on letters of personal guarantee. (4) Generally, guarantee by account executives as primary obligors of
the payment of all amounts due to the Company by the investors is procured. Should any responsible account executives provide personal
guarantees on the margin loan of the customer, the Company would proceed to take legal action against them. (5) Collection efforts are
considered to be ceased when the court announces the bankruptcy of customers and their account executives, if any. Then, the Company
will charge off margin loan receivables upon the bankruptcy announcement of the customers or the responsible account executives, if any.

There
are no receivables directly charged off in the consolidated statements of loss and other comprehensive loss in excess of the provision
for credit losses during the six months ended June 30, 2024 and 2023, and the years ended December 31, 2023 and 2022.

Please
feel free to contact me should you require additional information at (775) 234-5221 or jlaxague@cronelawgroup.com.

    THE CRONE LAW GROUP, P.C.

    By:

    /s/
    Joe Laxague

    Joe
    Laxague, Esq.