Hong Kong Police Press Conference on the JPEX Arrest Case: A warning was issued in July 2022, but JPEX still uses the media and social platforms to promote

The Hong Kong Securities and Futures Commission and the police jointly attended a press conference to explain the arrests in the JPEX case. Representatives of the Hong Kong Securities and Futures Commission and the police have received reports on the current situation and will actively investigate.

Live press conference link: https://news.now.com/home/live331a

Hong Kong Securities and Futures Commission: JPEX will be listed as a suspicious website in July 2022

The Hong Kong Securities and Futures Commission stated that on July 8, 2022, the JPEX platform had been included in the SFC’s list of unlicensed companies and suspicious websites. Since then, the public has been constantly warned not to use non-compliant platforms, but JPEX not only did not stop, but also intensified its promotion. Still using different media, social platforms and KOLs to promote low risk and high rewards, while using illegal over-the-counter (OTC) operations.

Most of the victims are investors who are inexperienced in cryptocurrencies. They all suffered because they believed in some "investment authorities" and were induced to invest impulsively.

Hong Kong Police: A total of 1,641 cases were reported, involving approximately HK$1 billion

The Hong Kong police also stated that two more people were arrested, totaling 4 men and 4 women, with a total of 1,641 reports involving approximately HK$1 billion.

(Earlier news)

JPEX | Hong Kong police arrested seven more people involved in the case, and more than 1,400 people have reported the case, with the amount involved reaching NT$4 billion.

Hong Kong Chief Executive Lee Ka-chiu is concerned about the JPEX case. The Securities and Futures Commission and the police will explain the case this afternoon.

(How to pursue liability)

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

This article Hong Kong Police Press Conference on the JPEX Arrest Case: A warning was issued in July 2022, but JPEX still uses the media and social platforms to promote it. First appeared on Chain News ABMedia.