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JPEX: Hong Kong investigates influencer-backed crypto exchange

2023-09-22 08:46
About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong's metro.
JPEX: Hong Kong investigates influencer-backed crypto exchange

Hong 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...

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