Hong Kong Charged 6 Individuals in JPEX Case!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 19, 2023 9:30

The JPEX case took a brand new flip as six people linked to the JPEX cryptocurrency change have been arrested by Hong Kong Police following a complete of 1,408 complaints referring to alleged fraudulent exercise. JPEX just lately halted transactions on its Hong Kong platform because of “unfair remedy by related establishments”, putting the blame on third-party market makers. Two of the six arrested people are YouTube influencers, Joseph Lam Chok and Chan Wing-yee, who allegedly promoted the change to their respective on-line audiences.