🚨The scandal surrounding the JPEX crypto exchange continues: Hong Kong and Macau authorities arrested 18 suspects and seized $2.8 million in cash and gold. The two defendants used Macau casinos to launder money, which led to the arrest and confiscation of casino assets. Two more were detained, one of them tried to destroy evidence. Hong Kong police continue to search for other suspects linked to fraud and money laundering charges. 💸
In addition, the Securities and Futures Commission (SFC) warned investors about another illegal crypto exchange, FUBT Exchange, which provided a fake Hong Kong phone number to create the appearance of its presence in the city.
In addition, the Securities and Futures Commission (SFC) warned investors about another illegal crypto exchange, FUBT Exchange, which provided a fake Hong Kong phone number to create the appearance of its presence in the city.