Hong Kong Police Seeks Interpol’s Assist To Arrest JPEX Leaders

The leaders behind the alleged scandal involving crypto alternate JPEX have managed to evade authorities thus far.

Hong Kong Authorities Have Sought Interpol’s Assist To Arrest JPEX Executives

Nearly all of the complaints focus round issue withdrawing cryptocurrency from the platform. JPEX elevated its withdrawal charges to 999 USDT on September 15, worsening the issue for customers.

After discovering illicit crypto transfers from the JPEX alternate, native authorities sought help from Interpol and different worldwide legislation enforcement organizations. They’ve additionally requested native telecom corporations to restrict entry to the alternate’s web site.

The JPEX concern got here to mild after Hong Kong’s monetary authority stated that it had acquired over 1,000 complaints in regards to the unregistered crypto alternate platform, with reported losses surpassing $128 million (HK$1 billion). JPEX claimed to have tried registration with the suitable authorities however was handled unfairly.

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