2024 Jpex fraud - Hong Kong police have made three new arrests in the alleged fraud case linked to crypto exchange platform JPEX, as the number of reported victims rose to 2,407 with losses totalling almost HK$1.5 ...

 
19 Sept 2023 ... Police and Securities & Futures Commission held joint press briefing on the scam. #ofwinhongkong #FDW #Balita #HongKongDailyNews For more .... Jpex fraud

Sep 21, 2023 · 9月13日,证监会点名警告jpex以及“向香港公众积极推广jpex的人士和找换店”涉及至少六项可疑经营手法。翌日,jpex宣称因应证监会声明而须调整 ... Sep 19, 2023 · (AP Photo/Louise Delmotte) | Evidence are displayed by police for media after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in Hong Kong, Tuesday, Sept. 19, 2023. (AP Photo/Louise Delmotte) | What sets JPEX apart is that the unlicensed virtual assets platform continues to issue statements defying local authorities. ... More detail of the HK$1.43 billion fraud leaves no doubt it is a ...WebHong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud around an …An ex-Vice President with JP Morgan initiated a lawsuit in federal court alleging that the bank fired her in retaliation for complaints that are protected by the Sarbanes Oxley Act of 2002 (SOX).WebBrand Ambassador’s Involvement. Hong Kong actor Julian Cheung Chi-lam has found himself in the midst of the JPEX fraud investigation, a scandal that has rocked the digital asset trading world. Serving as the brand ambassador for the beleaguered platform, Cheung was requested to assist in the criminal inquiry by the relevant authorities.Nov 27, 2023 · Hong Kong police have arrested 30 more people in connection with an alleged fraud scandal surrounding crypto exchange platform JPEX. So far, 2,623 people have come forward as victims in the case ... jpex案是一宗主要於香港發生的層壓式 金融騙局 。 綠石數字資產平台(英語: jpex )自稱是一個成立於2020年、「面向全球」的數字資產加密交易平台,但其於2023年9月被香港證監會點名發表聲明指出多個可疑之處 ,其後有用戶報稱未能從平台提款並報警求助,香港警務處於2023年9月起發起「鐵關行 ...2 Aug 2022 ... Airdrop (Gift) Scam. Fraud method: Fraudsters will impersonate the social account of a well-known platform or product, and then make up a ...JPEX’s website. Photo: Kelly Ho/HKFP. A total of 28 people have been apprehended so far over the alleged fraud case concerning the unlicensed crypto …Sep 27, 2023 · Hong Kong’s security minister vowed to hunt down the ringleaders of cryptocurrency platform JPEX at the centre of the city’s largest alleged financial fraud as police arrested three more ... Alleged losses in virtual assets in the JPEX saga have reached HK$1.5 billion (US$191.9 million), with the commission coming under fire for what critics said was a slow response to sound the alarm ...The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. 5324 Total views 16 Total sharesThe prison sentence for fraud varies depending on the type of fraud committed and the state the fraud was committed in. A misdemeanor conviction can lead to jail time of up to a year, whereas felonies and federal fraud cases can involve yea...Sep 28, 2023 · Hong Kong police have made three new arrests in the alleged fraud case linked to crypto exchange platform JPEX, as the number of reported victims rose to 2,407 with losses totalling almost HK$1.5 ... The Taipei District Prosecutors Office requested JPEX Taiwan’s chief partner, Chang Tung-ying, to be held in custody over an alleged fraud case related to the …The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. 5324 Total views 16 Total sharesThe JPEX fraud case initially came to light when Hong Kong’s financial watchdog issued a warning against the crypto exchange for operating in the region without the necessary licenses. Following the warning, JPEX increased its withdrawal fees to nearly $1,000, and its staff abandoned their booths at the Token 2049 event in Singapore.The scandal surrounding JPEX has so far seen 11 arrests of company staff and affiliated influencers this week for "conspiracy to defraud", with victims' losses exceeding US$175 million. JPEX's ...21 Sept 2023 ... JPEX Files for Deregistration in Australia amid Fraud Charges ... In a bid to douse the fears of users about the safety of their funds, however, ...25 Sept 2023 ... JPEX appears to be a $191 million fraud ... After the Hong Kong-based JPEX exchange limited withdrawals amidst what appeared to be an impending ...Four men and two women have been arrested on suspicion of conspiracy to commit fraud linked to the unlicensed cryptocurrency exchange platform JPEX, after Hong Kong police received reports from ...25 Sept 2023 ... The JPEX Crypto Platform scandal is rapidly becoming one of the ... Judge in Trump fraud trial expands gag order to former president's lawyers.The alleged HK$1.3 billion (US$166 million) fraud centred on the JPEX cryptocurrency platform has underscored the importance of a regulatory framework for virtual assets, Hong Kong's leader has ...WebThe scandal surrounding JPEX has so far seen 11 arrests of company staff and affiliated influencers this week for “conspiracy to defraud”, with victims’ losses exceeding $175 million.JPEX snares 1,641 investors with HK$1.2 billion of funds in Hong Kong’s largest fraud case in history Police received complaints from 1,641 investors as of …Hong Kong’s growing scandal involving cryptocurrency exchange JPEX serves as an opportunity for residents to learn more about fintech and improve their vigilance over unlicensed platforms ...7 Oct 2023 ... While the new working group will play a big part in thwarting cryptocurrency scams in the future, it's too late for the victims of JPEX. Based ...Nov 27, 2023 · Hong Kong police have arrested 30 more people in connection with an alleged fraud scandal surrounding crypto exchange platform JPEX. So far, 2,623 people have come forward as victims in the case ... Police reportedly told press they had received 1,480 fraud complaints against JPEX, and the related investigation so far totalled around a billion Hong Kong dollars ($128 million).. Stoner Cats NFT project declawed for being an unregistered security; Hong Kong wants to be the world's home for virtual assets; Singapore tells crypto operators: …25 Sept 2023 ... The JPEX Crypto Platform scandal is rapidly becoming one of the ... Judge in Trump fraud trial expands gag order to former president's lawyers.In today’s digital age, online payment has become a convenient and widely used method for transactions. However, with this convenience comes the risk of online payment fraud. Criminals are constantly finding new ways to exploit vulnerabilit...An ex-Vice President with JP Morgan initiated a lawsuit in federal court alleging that the bank fired her in retaliation for complaints that are protected by the Sarbanes Oxley Act of 2002 (SOX).WebNov 10, 2023 · JPEX, once a prominent cryptocurrency exchange in Hong Kong, quietly conducted its operations without a license in Hong Kong’s financial hub. This massive crypto scandal has escalated to HK$1.2 ... The latest case follows the scandal centred on the JPEX cryptocurrency exchange, involving more than 2,500 alleged victims and over HK$1.5 billion in losses.Hong Kong police have made three new arrests in the alleged fraud case linked to crypto exchange platform JPEX, as the number of reported victims rose to 2,407 with losses totalling almost HK$1.5 ...Four men and two women have been arrested, after Hong Kong police received over 1,400 calls complaining of fraud at JPEX. Hong Kong police reportedly arrested Lam, also known as "jolamchok" on ...Two more were arrested concerning the allegations of fraud at JPEX, an unlicensed cryptocurrency exchange, bringing the total arrestees for the case to eight, with police receiving more than 1,600 ...The masterminds behind Hong Kong’s JPEX alleged crypto exchange scandal — referred to by some as the largest financial fraud to ever hit the city — have eluded authorities despite 11 people...The Taipei District Prosecutors Office (TDPO) requested Chang Tung-ying, the chief partner at JPEX’s office in Taiwan, be held in custody over alleged fraud, the local TV channel TVBS News ...Police arrested four men and two women – including the influencers Joseph Lam Chok and Chan Wing-yee – today after receiving 1,408 complaints alleging fraud at JPEX, the force said.Source: Getty Images. Cryptocurrency platform JPEX, headquartered in Dubai, is reportedly shutting down some of its operations, as the exchange is facing a probe from Hong Kong police and the financial regulator over suspected fraud.. The company announced Sunday that it would “delist” all transactions associated with its Earn Trading …Web19 Sept 2023 ... Police and Securities & Futures Commission held joint press briefing on the scam. #ofwinhongkong #FDW #Balita #HongKongDailyNews For more ...20 Sept 2023 ... Investigators said in a press conference that four men and four women have also been arrested on suspicion of conspiracy to commit fraud. They ...Hong Kong’s security minister, Chris Tang Ping-keung, has vowed to apprehend the leader of fraud crimes at crypto exchange JPEX. Police confirmed they were seeking assistance from Interpol in rounding up the leaders of JPEX. He said that further details could not be disclosed without additional evidence, but that police had contacted …Four men and two women have been arrested, after Hong Kong police received over 1,400 calls complaining of fraud at JPEX. Hong Kong police reportedly arrested Lam, also known as "jolamchok" on ...The latest case follows the scandal centred on the JPEX cryptocurrency exchange, involving more than 2,500 alleged victims and over HK$1.5 billion in losses.Oct 4, 2023 · The scandal surrounding Hong Kong’s biggest alleged case of financial fraud, involving assets worth more than HK$1.5 billion (US$191 million), emerged last month after the city’s securities ... Hong Kong police have released two men on bail after the pair were handed over by Macanese authorities for suspected involvement in the JPEX crypto scandal.The high-profile alleged fraud case has ...In today’s digital age, where identity theft and fraud are becoming increasingly prevalent, it is crucial to have robust systems in place to verify individuals’ identities. The Social Security Number (SSN) is a unique identifier assigned to...The arrest comes amidst Hong Kong authorities’ push to clamp down on cryptocurrency-related frauds and scams. Citizens have lost $90 million to investment scams in the first four months of 2023.. Since July last year, the securities regulator has included two JPEX-affiliated companies on its alert list, indicating that the platform was …Reality sank in for her this week, when JPEX was accused of being behind Hong Kong’s biggest-ever alleged financial fraud involving HK$1.43 billion.7 Oct 2022 ... JPEX Alerts Customers of “Pig Butchering” Crypto Scam Which Has Taken Millions from Victims ... Scams have become the easiest way for ...19 Sept 2023 ... ... JPEX warning for allegedly marketing JPEX's products and services to the ... fraudulent or deceptive, or would operate as a fraud or deception;.Police arrested four men and two women – including the influencers Joseph Lam Chok and Chan Wing-yee – today after receiving 1,408 complaints alleging fraud at JPEX, the force said.Sep 19, 2023 · The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances. 10203 Total views ... More than 1,640 people have now made complaints about losing money on the unlicensed cryptocurrency exchange JPEX, police said on Tuesday, as the number of arrests in the case rose to eight.9月13日,证监会点名警告jpex以及“向香港公众积极推广jpex的人士和找换店”涉及至少六项可疑经营手法。翌日,jpex宣称因应证监会声明而须调整 ...The implosion of JPEX, which could also turn out to be the largest financial fraud in the city’s history, has rung alarm bells among local retail investors, creating near-term challenges for virtual asset companies banking on the government’s push to expand the sector, according to industry players and analysts.Julia Leung is the first female CEO of Hong Kong's Securities and Futures Commission (SFC). Leung took office in January 2023, and her term coincides with Hong …The masterminds behind Hong Kong’s JPEX alleged crypto exchange scandal — referred to by some as the largest financial fraud to ever hit the city — have …Sep 18, 2023 · HONG KONG -- Hong Kong police have arrested six people in connection with suspected cryptocurrency fraud involving at least 1 billion Hong Kong dollars ($127.8 million) worth of virtual assets. Lawmakers have called on the SFC and law enforcement agencies to act swiftly in the JPEX fallout to reassure investors. ... US$182 million) in assets, making it the largest alleged fraud of its ...Web9月13日,證監會點名警告jpex以及「向香港公眾積極推廣jpex的人士和找換店」涉及至少六項可疑經營手法。翌日,jpex宣稱因應證監會聲明而須調整 ...The four arrested in the latest bust were described as being “relatively close to the core” of JPEX, which is the largest fraud case of its kind in Hong Kong. ... The dramatic unravelling of ...WebSep 21, 2023 · 9月13日,證監會點名警告jpex以及「向香港公眾積極推廣jpex的人士和找換店」涉及至少六項可疑經營手法。翌日,jpex宣稱因應證監會聲明而須調整 ... Hong Kong is amidst a crypto controversy due to the arrest of influencers linked to the JPEX fraud case. The $128 million case is raising doubts about Hong Kong’s new digital asset regime. Hong Kong’s Chief Executive, John Lee, has announced stricter regulatory laws. The rising crypto hub in Hong Kong has been impacted by a massive …The Chase Bank fraud department is a division of the bank that actively monitors deposit and credit accounts for suspicious activity. The department also responds to reports of suspicious activity from customers.19 Sept 2023 ... A fraud investigation of crypto exchange JPEX in Hong Kong has led to trading shutdown, multiple arrests, and increased regulatory scrutiny.Elizabeth Anne Holmes is the tech superstar that almost was. Her public profile and the value of her health technology company, Theranos, skyrocketed based on the promise of breakthrough technology capable of evaluating a single drop of blo...An ex-Vice President with JP Morgan initiated a lawsuit in federal court alleging that the bank fired her in retaliation for complaints that are protected by the Sarbanes Oxley Act of 2002 (SOX).WebThe Hong Kong government remains committed to its Web3 vision despite the recent $165 million scandal involving the crypto exchange JPEX. Following allegations of fraud by over 2,500 Hong Kong residents against JPEX, the Securities and Futures Commission (SFC) is updating its crypto regulations and has initiated efforts with the police to ...The JPEX case was immediately called “the largest financial fraud case in history” by some Hong Kong media. However, if other fund-raising frauds are also included, it must be considered the case that spanned Hong Kong, Malaysia and other places in the 1980s.Taiwanese Prosecutors Identify New Suspects in JPEX Exchange Fraud Case. Taiwanese prosecutors have identified new suspects in the fraud case surrounding imploded crypto exchange JPEX. The Taipei District Prosecutors Office has requested the custody of Chang Tung-ying, the chief partner at JPEX's Taiwan office, over allegations …24 Sept 2023 ... ... fraud at an unlicensed cryptocurrency exchange in the city. The ... JPEX, was unlicensed and did not have authority to operate its ...A YouTuber who actively promoted JPEX, a cryptocurrency platform that was said to be investigated by the authorities for suspected fraud, was arrested in a police operation that saw six being ...JPEX, an unlicensed crypto exchange platform, is at the centre of a major alleged fraud case after the Securities and Futures Commission (SFC) issued a warning about its suspicious activities. This triggered an investigation by the Commercial Crime Bureau, leading to multiple arrests of JPEX promoters. The latest reports indicate that a …As many as 78 percent of consumers have a credit card, according to the CreditCards.com website. Although credit cards can be valuable when properly used, some card holders will face credit card debt they cannot pay. Occasionally, this debt...The JPEX Fraud Case. In September 2023, the SFC accused JPEX of engaging in suspicious practices and making misleading claims about its licensing status. According to the SFC, JPEX actively ...JPEX is an unlicensed virtual asset platform that has allegedly caused around HK$1.2 billion (US$154 million) in losses to over 1,600 investors, marking it the largest fraud case in Hong Kong’s history.26 Sept 2023 ... Jpex Scam Explained – Are you ready to uncover the shocking truth ... Read more about the article Takemyhairs.com Fraud Warning: Don't Fall for ...Hong Kong police have arrested 30 more people in connection with an alleged fraud scandal surrounding crypto exchange platform JPEX. So far, 2,623 people have come forward as victims in the case ...Sep 22, 2023 · A source familiar with the case on Friday revealed the force had successfully frozen some of the cryptocurrency associated with the alleged fraud by the JPEX platform, and the task of tracing the ... The Taipei District Prosecutors Office has detained two individuals connected to the crypto exchange JPEX in relation to an investigation into potential fraud. According to local reports , Chang Tung-Ying, the lead partner at the Taiwan branch of the embattled crypto exchange, and Shi Yu, an academic linked to JPEX, have been arrested on …As technology continues evolving, hackers and cyber-criminals continue evolving their methods for duping would-be victims into falling for email fraud and scams. These tactics are increasingly sophisticated.Fraud has become a major concern for businesses across various industries. With the rise of digital transactions and online business activities, the risk of fraudulent activities has increased significantly. To combat this threat, many busi...Three suspects have been released on bail after being questioned in an alleged fraud case involving international cryptocurrency trading platform JPEX, the Taipei District Prosecutors’ Office said on Thursday. The main suspect, JPEX Taiwan’s chief partner who was only identified by his surname, Chang (張), was released on NT$1.5 …WebJoseph Lam, a crypto influencer, was arrested in Hong Kong on Monday, multiple media outlets reported. Police arrested him and five others for "conspiracy to defraud." The fraud could involve more ...The scandal surrounding JPEX has so far seen 11 arrests of company staff and affiliated influencers this week for “conspiracy to defraud”, with victims’ losses exceeding $175 million.18 Sept 2023 ... ... fraud involving $1 billion. Subscribe to our channel here: https://www.youtube.com/c/HKIBCEnglishNews Follow us: HKIBC: http://www ...In a press release dated February, JPEX said it had "$2 billion in global assets and technology under its management" and had spent more than $5 million on promoting its services in Hong Kong.Jpex fraud

Sep 21, 2023 · 9月13日,证监会点名警告jpex以及“向香港公众积极推广jpex的人士和找换店”涉及至少六项可疑经营手法。翌日,jpex宣称因应证监会声明而须调整 ... . Jpex fraud

jpex fraud

Sep 26, 2023 · Months later, JPEX’s name is prominent for a different reason: Hong Kong police have opened an investigation into alleged fraud and arrested JPEX staff, while the city’s regulator, the ... The implosion of JPEX, which could turn out to be the largest financial fraud in the city's history, has rung alarm bells among local retail investors, creating near-term challenges for virtual ...JPEX (JPEX Crypto Platform) hereby reminds novice investors how to prevent fraud and be vigilant in the crypto market to avoid the loss of funds. Skip to content. Home; ... Fraud method: Fraudsters will lurk in major social media (Whatapps, Facebook, Telegram and instagram, etc.), and they will take the initiative to privately message …jpex案是一宗主要於香港發生的層壓式 金融騙局 。 綠石數字資產平台(英語: jpex )自稱是一個成立於2020年、「面向全球」的數字資產加密交易平台,但其於2023年9月被香港證監會點名發表聲明指出多個可疑之處 ,其後有用戶報稱未能從平台提款並報警求助,香港警務處於2023年9月起發起「鐵關行 ...The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. 5324 Total views 16 Total sharesMonths later, JPEX’s name is prominent for a different reason: Hong Kong police have opened an investigation into alleged fraud and arrested JPEX staff, while the city’s regulator, the ...(Bloomberg) -- Cryptocurrency platform JPEX shut down some trading during an ongoing investigation by the Hong Kong police.Most Read from BloombergEx-Goldman Bankers Make a Fortune With ...Four men and two women have been arrested, after Hong Kong police received over 1,400 calls complaining of fraud at JPEX. Hong Kong police reportedly arrested Lam, also known as "jolamchok" on ...The JPEX incident has prompted the Hong Kong government to expedite the approval process for cryptocurrency products to promote compliance in the industry. According to OSL Compliance Exchange, a licensed virtual asset platform, financial technology solution providers have shown interest in the potential benefits of integrating …WebHong Kong’s financial regulator will publish a list of suspicious crypto firms as it steps up efforts to rein in renegade operators in the wake of an alleged fraud at JPEX. The Securities and ...21 Sept 2023 ... ... fraud. T. ... Number of scam victims on Hong Kong's JPEX crypto exchange exceeds 2,000. Number of scam ...Hong Kong police arrested eight people in connection with a suspected $152 million fraud at beleaguered crypto exchange JPEX. The police have received 1,641 complaints from people who are unable ...JPEX, the Hong Kong cryptocurrency exchange which collapsed owing more than $300 million and is the focus of a major fraud operation by the city’s financial authorities, marketed itself as an ...The Taipei District Prosecutors Office (TDPO) requested Chang Tung-ying, the chief partner at JPEX’s office in Taiwan, be held in custody over alleged fraud, the local TV channel TVBS News ...JPEX fraud puts VATP regime in focus. Close to 30 people have been arrested following the SFC’s referral of the JPEX alleged fraud case to the police. The case serves as a stark reminder that investors should be aware of unregulated VATPs and that VATPs must obtain a proper licence before they operate in Hong Kong.9 Oct 2023 ... ... JPEX crypto exchange fraud. According to sources cited by Reuters, banks, including Oversea-Chinese Banking Corp Ltd (OCBC), Citigroup, and ...JPEX is a VATP operating at the website of jp-ex.io, which has been placed on the SFC's Alert List since 8 July 2022. While JPEX is registered as a business or entity with certain overseas regulators, these registrations do not constitute approval or licences to allow virtual asset trading services to be legally provided in those jurisdictions.Thursday, 21 Sep 2023. TVB star Jacquelin Ch'ng claims that she herself was a victim in the alleged fraud case involving JPEX. Photo: Jacquelin Ch'ng/Weibo. Hong Kong-based Malaysian actress ...29 Sept 2023 ... Although user reviews of all three malicious apps warn about fraud ... Episode 317 takes a look at TEMU scams, JPEX scams and an AI powered ...The JPEX case was immediately called “the largest financial fraud case in history” by some Hong Kong media. However, if other fund-raising frauds are also included, it must be considered the case that spanned Hong Kong, Malaysia and other places in the 1980s.As technology continues evolving, hackers and cyber-criminals continue evolving their methods for duping would-be victims into falling for email fraud and scams. These tactics are increasingly sophisticated.The recent JPEX scam has sent shock waves through Hong Kong’s cryptocurrency landscape, raising questions about the regulatory framework for the sector and leaving us questioning the city’s ...29 Sept 2023 ... Are you surprised by the involvement of individuals "relatively close" to the core of JPEX's operations in the scam? ... fraud and other ...19 Sept 2023 ... Police and Securities & Futures Commission held joint press briefing on the scam. #ofwinhongkong #FDW #Balita #HongKongDailyNews For more ...The controversy surrounding JPEX has taken a new turn as Taiwanese prosecutors identify fresh suspects in the ongoing investigation. ... The SFC is launching a public campaign to educate individuals on safeguarding against fraud, signaling a commitment to investigating and prosecuting illegal platforms while intensifying …Oct 4, 2023 · The scandal surrounding Hong Kong’s biggest alleged case of financial fraud, involving assets worth more than HK$1.5 billion (US$191 million), emerged last month after the city’s securities ... Sep 21, 2023 · 9月13日,证监会点名警告jpex以及“向香港公众积极推广jpex的人士和找换店”涉及至少六项可疑经营手法。翌日,jpex宣称因应证监会声明而须调整 ... Print. HONG KONG (AP) — Hong Kong’s leader said Tuesday that the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that impacted more than 1,600 investors and over $150 million in assets.Sep 19, 2023 · JPEX Crypto Exchange Faces Staggering Amount of Fraud Complaints. A recent local report reveals that the Hong Kong Police have taken action, arresting four men and two women suspected of having connections to the troubled exchange JPEX. Two of the arrestees are known YouTube influencers, Joseph Lam Chok and Chan Wing-yee. 4 Oct 2023 ... According to Hong Kong media reports, police investigation into Hong Kong's JPEX cryptocurrency trading platform fraud case has made ...Oct 2, 2023 · Authorities in Hong Kong and Macau continue to arrest more individuals linked to the scandal-plagued JPEX digital asset exchange.. On September 29, police in Hong Kong and Macau announced four more arrests stemming from the apparent rug-pull by the Dubai-based JPEX, which left over 2,400 Hong Kong-based customers fearing a combined loss of HKD1.5 billion (US$191.5 million) in assets held on ... Nov 2, 2023 · TLDR. The Hong Kong government remains committed to its Web3 vision despite the recent $165 million scandal involving the crypto exchange JPEX. Following allegations of fraud by over 2,500 Hong Kong residents against JPEX, the Securities and Futures Commission (SFC) is updating its crypto regulations and has initiated efforts with the police to ... Netspend All-Access is a popular prepaid debit card service that allows users to easily manage their finances and make purchases without the need for a traditional bank account. Netspend takes security seriously and has implemented several ...The four arrested in the latest bust were described as being “relatively close to the core” of JPEX, which is the largest fraud case of its kind in Hong Kong. ... The dramatic unravelling of ...WebThe JPEX scandal, which is suspected to have ensnared at least 2,305 victims involving about HK$1.43 billion (US$182 million) of investments, has dealt a heavy blow to public trust in ...HONG KONG -- Hong Kong police have arrested six people in connection with suspected cryptocurrency fraud involving at least 1 billion Hong Kong dollars …Four men and two women have been arrested on suspicion of conspiracy to commit fraud linked to the unlicensed cryptocurrency exchange platform JPEX, after Hong Kong police received reports from ...Unregulated virtual asset exchange JPEX halted trading on Monday as police conducted an investigation into suspected fraud involving the company. JPEX said in a statement it was suspending trading after third-party market makers restricted its liquidity and ability to comply with policy guidelines. Existing orders remain effective until they ...5 Oct 2023 ... JPEX, the Hong Kong crypto exchange that's become the target of a police investigation, has come up with a new idea for getting itself out ...The Securities and Futures Commission had earlier accused the platform of displaying "suspicious features" and warned that it may involve fraud. It said JPEX has proclaimed itself “a licensed ...Joseph Lam, a crypto influencer, was arrested in Hong Kong on Monday, multiple media outlets reported. Police arrested him and five others for "conspiracy to defraud." The fraud could involve more ...The probe into JPEX’s alleged fraud began after the Hong Kong Securities and Futures Commission on Sept 13 alerted police that the cryptocurrency exchange platform had been operating in the city ...WebHong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including popular influencers, were arrested this week after complaints filed by 2,000 people. The case could be one of Hong Kong's biggest fraud cases, local media ...Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses.(Bloomberg) -- Cryptocurrency platform JPEX shut down some trading during an ongoing investigation by the Hong Kong police.Most Read from BloombergEx-Goldman Bankers Make a Fortune With ...Hong Kong police have reportedly arrested a crypto influencer in connection with a high-profile “fraud” scandal linked to digital asset exchange platform JPEX, as the number of those impacted ...7 Apr 2023 ... 4 People Questioned in Taiwan Over Jpex Fraud Suspicions. 00:00:26|11/09/2023 · 00:00:50. Intel CEO Visits Taiwan for Second Time in 2023. 00: ...Four men and two women have been arrested, after Hong Kong police received over 1,400 calls complaining of fraud at JPEX. Hong Kong police reportedly arrested Lam, also known as "jolamchok" on ...19 Sept 2023 ... A fraud investigation of crypto exchange JPEX in Hong Kong has led to trading shutdown, multiple arrests, and increased regulatory scrutiny.JPEX Appears To Be a $178 Million Fraud (web3isgoinggreat.com) 45. Web3 is Going Great reports: After the Hong Kong-based JPEX exchange limited withdrawals amidst what appeared to be an impending collapse of the platform, things are now looking a lot more like fraud. Police have received more than 2,200 complaints pertaining to the exchange ...Oct 22, 2023 · While the JPEX scandal is the city’s largest case of financial fraud, it won’t derail Hong Kong’s cryptocurrency and Web3 ambitions, which are entrenched government objectives. Despite her alleged involvement in the JPEX fraud case which has affected others such as Bella Lam and her boyfriend, Malaysian-born actress Jacqueline Ch’ng (庄思敏) seems to have no worries. In fact, she's currently having a good time travelling around China. caught her attention and sparked a surprising declaration from her about wanting …WebUpdated 3:44 AM PST, September 29, 2023. HONG KONG (AP) — Police in Hong Kong and Macao said Friday they arrested four more people linked to the cryptocurrency platform JPEX, which is suspected to have defrauded more than 2,400 people of almost $200 million.. Tractor supply power tools