News Regulation

Takedown of Hong Kong Crypto Exchange: Influencer Arrested in HK$34 Million Scandal

Hong Kong authorities have arrested an internet celebrity for allegedly promoting the unlicensed cryptocurrency exchange known as JPEX. The arrest comes after more than 83 reports were filed against JPEX, resulting in an estimated loss of HK$34 million. The Securities and Futures Commission (SFC) has raised concerns about JPEX’s active promotion of its services without […]