Hong Kong Authorities Charge 16 in $205M JPEX Cryptocurrency Scandal

TLDR Hong Kong charged 16 people in a $205.8M crypto fraud case involving unlicensed platform JPEX. Authorities say over 2,700 investors were defrauded by JPEX’s unlicensed operations since 2023. Six of the accused allegedly ran JPEX operations; others promoted it or handled crypto trading. Interpol issued red notices for 3 suspects believed to have led [...]

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