Tag "JPEX"
JPEX Scandal Shook Hong Kong Public’s Trust in Crypto, HKUST Survey Finds
A survey by the Hong Kong University of Science and Technology (HKUST) Business School found that more Hong Kong people prefer not to hold virtual assets, after the recent JPEX fiasco. The survey found that 41% of respondents prefer not
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SFC to Beef Up List of Suspicious Crypto Exchanges After JPEX Fiasco
Hong Kong’s Securities and Futures Commission (SFC) will publish the names of virtual asset trading platform’s (VATP) that have applied for a license in the wake of the JPEX fiasco. The regulator will enhance and issue a dedicated list of
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JPEX’s Ongoing Saga: Deregistration, Telecom Blocks, and Regulatory Disputes
Beleaguered crypto exchange JPEX has allegedly applied for deregistration with the Australian Securities and Investment Commission, according to Cointelegraph. JPEX stated that all company members agree with the move, the company is no longer operating, its assets are less than
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Over 1,600 Investors Lost HK$1.2 Billion in JPEX Crypto Exchange Scam
More than 1,600 investors have fallen victim to crypto exchange JPEX‘s scam in Hong Kong, with losses totaling HK$1.2 billion (US$154 million), according to the South China Morning Post. One investor suffered a loss of HK$40 million (US$5.1 million), the
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JPEX Crypto Exchange Accuses SFC of Unfair Treatment as Police Arrest Six
Six people have been arrested in Hong Kong as part of an investigation into suspected fraud involving the cryptocurrency exchange JPEX. According to the South China Morning Post, this scandal could cost investors up to HK$1 billion (US$ 127.7 million)
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