🚨 Hong Kong's finest join forces to tackle crypto crime! The Hong Kong Police Force (HKPF) and Securities and Futures Commission (SFC) have formed a crypto-focused working group to combat illicit exchange activities. 🕵️‍♂️ This comes after recent arrests linked to the Dubai-based JPEX exchange scandal.

The group's mission:

- Enhance monitoring and investigation of Virtual Asset Trading Platforms (VATPs) 📊

- Share info on suspicious activities 🕵️‍♀️

- Assess risks of dodgy exchanges 🚨

- Collaborate on investigations 🔍

HKPF and SFC are ready to deploy resources to protect investors and the public from problematic VATPs. Stay safe, crypto enthusiasts! 💪