JPEX fraud snares 1,641 investors with HK$1.2 billion of funds, as cryptocurrency platform tests Hong Kong’s police and regulator

JPEX fraud snares 1,641 investors with HK$1.2 billion of funds, as cryptocurrency platform tests Hong Kong’s police and regulator

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The financial toll in Hong Kong’s cryptocurrency scandal has risen to HK$1.2 billion (US$154 million) involving over 1,600 investors, with the biggest victim sinking HK$40 million into JPEX’s scam, police said at a press conference on Tuesday. The police received complaints from 1,641 investors as…

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