🚨 JPEX case continues: 18 suspects arrested, 2.8 million USD confiscated 💰
- Hong Kong and Macau police arrested 18 more suspects in the JPEX case, confiscating a total of 2.8 million USD.
- Two individuals were convicted in Hong Kong of using a Macau casino to launder money, leading to the confiscation of casino assets and $1.7 million in cash.
- Hong Kong police continue to search for suspects involved in fraud and money laundering.
- JPEX was accused of operating without a license, increasing withdrawal fees to nearly 1,000 USD and closing suddenly due to a liquidity crisis.
- Authorities warn about another unlicensed virtual currency exchange, FUBT Exchange, listed on the SFC's list of suspicious virtual currency exchanges.
- Hong Kong and Macau police arrested 18 more suspects in the JPEX case, confiscating a total of 2.8 million USD.
- Two individuals were convicted in Hong Kong of using a Macau casino to launder money, leading to the confiscation of casino assets and $1.7 million in cash.
- Hong Kong police continue to search for suspects involved in fraud and money laundering.
- JPEX was accused of operating without a license, increasing withdrawal fees to nearly 1,000 USD and closing suddenly due to a liquidity crisis.
- Authorities warn about another unlicensed virtual currency exchange, FUBT Exchange, listed on the SFC's list of suspicious virtual currency exchanges.