🚨 Hong Kong regulator warns about JPEX crypto exchange 🚨

Hong Kong's Securitization and Futures Commission (SFC) is urging investors to be wary of crypto exchange JPEX, which is operating without regulatory approval.

🔍 What's going on with JPEX?

- JPEX uses bloggers and OTC exchangers to promote its products in Hong Kong

- The JPEX website states that it is regulated by foreign authorities, which is false

- The company offers high annual returns, up to 21%

- Investors complain about problems with the withdrawal of assets and changes in their investments

📢 What recommendations does the SFC give?

- Be careful with unregulated platforms

- Do not trust inflated investment income and advice from bloggers on social networks

💬 Discuss in the comments: how do you feel about using bloggers to promote crypto products?