The Hong Kong police said that as of the 15th, 83 people had reported the case, involving approximately HK$34 million (approximately NT$138 million). The Hong Kong Securities and Futures Commission also stated that all JPEX’s statements, including mechanisms such as increasing withdrawal fees, , all led by JPEX, and has never contacted the China Securities Regulatory Commission.

Hong Kong Securities and Futures Commission: JPEX never contacted us after the incident

The Securities Regulatory Commission responded to Hong Kong media "am730" and stated that since JPEX issued a warning statement that it was not subject to regulation, JPEX has never contacted the Securities Regulatory Commission.

All statements made by JPEX, including mechanisms such as increasing withdrawal fees, are all led by JPEX.

The Securities and Futures Commission believes that JPEX may have been involved in fraud and has referred the entire case to the police and will assist in the investigation.

The so-called waiting for a reply from the Securities Regulatory Commission is false｜Source JPEX Hong Kong 83 people reported the case, JPEX involved about NT$130 million

According to the Hong Kong media Ming Pao News Network, Police Commissioner Siu Chak-yi said that he has received a referral from the Securities and Futures Commission and is now being followed up by the Commercial and Crime Investigation Bureau. As of the afternoon of the 15th, 83 people had reported the case, involving approximately HK$34 million. (approximately NT$138 million), and a hotline has been set up for public inquiries.

The advertising wall of Chen Lingjiu Building was removed

The advertising poster for Chen Lingjiu’s revitalized “Blockchain Building” in Zhongxiao, Taipei, was removed on the evening of the 15th.

https://abmedia.io/wp-content/uploads/2023/09/Untitled.mp4

According to CryptoCity, one day after the JPEX incident spread, Chen Lingjiu’s agent issued a limited-time update stating:

"Chen Lingjiu and JPEX have already ended their cooperation at the end of July 2023, and relevant materials have been notified to be removed from the shelves as soon as possible during the buffer period."

But according to insiders, Chen Lingjiu’s contract actually runs until November. Lian News has previously compiled relevant potential penalties:

(JPEX｜The media urgently deleted the article, and the spokesperson did not respond! False advertising may be accompanied by civil compensation and criminal fraud)

JPEX Hong Kong spokesperson also cut

According to reports, Lin Zuo (previously an insurance broker), who publicly stated on social platforms that he had become a partner of JPEX, posted that he had “no intention of violating the regulations of the Securities and Futures Commission” and that he would no longer publicly promote or mention anything that was not listed in Hong Kong. A trading platform that applies for a license.

Hong Kong star Julian Cheung: The abuse of portrait was discovered only after the fact

JPEX Hong Kong brand ambassador and singer Julian Cheung told Hong Kong media through his agent:

Previously, JPEX claimed that it was registered overseas and provided proof, so it arranged to shoot in March last year. However, after learning in May last year that JPEX was "under supervision of the Securities and Futures Commission", it notified JPEX not to use Zhang Chilin's portrait until it obtained a license in Hong Kong. After the incident I just noticed that Julian Cheung’s portrait has been used by JPEX, and I felt helpless.

This article JPEX｜83 people in Hong Kong have reported the case, involving more than NT$130 million, and Chen Lingjiu’s exterior wall advertisement was demolished overnight. First appeared on Lian News ABMedia.