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Hong Kong Charges 16 in Alleged $205M JPEX Crypto Fraud as Interpol Hunts 3 More Suspects
5.11.2025
The case is the largest financial fraud in Hong Kong's history, with Interpol issuing red notices for three fugitives
Hong Kong court rules for investors in JPEX cryptocurrency fraud case
30.10.2024
This was the first case against JPEX, which operated in Hong Kong without a license
Hong Kong to license more crypto exchanges by end of year
8.10.2024
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
Global manhunt underway for JPEX promoter ‘Coin Young Master’
26.7.2024
Interpol has issued red notices for Wong Ching-kit and his accomplice, Mok Tsun-ting, on charges of fraud, theft, and money laundering
Investors file first civil suit against JPEX, more suits expected
6.6.2024
The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
5.6.2024
Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine...
Hong Kong crypto exchange license applications cost less than expected: Report
3.6.2024
All unlicensed crypto exchanges have been kicked out of Hong Kong
Hong Kong Authorities Block Two Crypto Websites Suspected of Fraud
20.12.2023
Source: Pixabay The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding two crypto firms suspected of engaging in fraud. The watchdog has cautioned the public to be wary of “LonShiX” and “Bitbank (Global) Financial Holding Group,” both...
Hong Kong Chief Executive Expresses Willingness to Cooperate on Granting More Powers to Regulate Crypto Exchanges: Report
29.11.2023
Source: Pixabay The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax. On November 27, Chief Executive John Lee addressed the recent virtual platform supervision fraud...
Hong Kong Government Accelerates Cryptocurrency Product Approvals Following JPEX Rugpull: OSL Compliance Exchange
27.11.2023
Image Source: Pixabay 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...
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report
9.11.2023
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX's office in Taiwan, to be held in custody over alleged fraud
Taiwan Authorities Arrest Two Suspects in JPEX Scandal Amid Ongoing Investigation
9.11.2023
Source: Pixabay The Taipei District Prosecutors Office has detained two individuals linked to JPEX, the cryptocurrency exchange, as part of an ongoing investigation into suspected fraud. The arrests come as a result of their alleged involvement in violations of relevant banking and anti-money...
JPEX Scandal Won’t Deter Hong Kong’s Web3 Market Development, Says Treasury Secretary
2.11.2023
Amidst the $213 million scandal involving the cryptocurrency exchange JPEX, the Hong Kong government has maintained its commitment to advancing its Web3 vision for the region. Christopher Hui, the Secretary for Financial Services and the Treasury of Hong Kong, assured the city’s vision...
JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary
2.11.2023
Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal
8 More Arrested in JPEX Scandal as Total Fraud Amount Exceeds $213 Million
27.10.2023
Hong Kong Police arrested 8 more people on Thursday in the JPEX scandal, taking the total of arrested individuals in the alleged fraud to 36. The police also revealed that a total of 2,595 people have reported losses in the JPEX crypto exchange. The total amount that has been defrauded in...
Today in Crypto: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes Alleged Insider-Trading Moderators
23.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes...
Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch
23.10.2023
Hong Kong's financial regulators have overturned previous guidance that limited the sale of spot crypto products to professional investors. But there's a catch
Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal
23.10.2023
Hong Kong's Commissioner of Customs and Excise, Louise Ho Pui-shan, has called for increased oversight and regulatory measures in response to mounting money-laundering risks within the crypto sector.
This call to action comes amid the HK$1.5 billion ($191 million) JPEX scandal that exposed...
Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express
20.10.2023
Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after the JPEX scandal, Bitget gets a new crypto credit card and more
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
18.10.2023
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study