Hong Kong court rules for investors in JPEX cryptocurrency fraud case
This was the first case against JPEX, which operated in Hong Kong without a license. Go to Source
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Hong Kong to license more crypto exchanges by end of year
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region. Go to Source
Investors file first civil suit against JPEX, more suits expected
The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue. Go to Source
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
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 months ago. The plaintiffs allege unauthorized transfers of their funds shortly … Read more
Hong Kong crypto exchange license applications cost less than expected: Report
All unlicensed crypto exchanges have been kicked out of Hong Kong. Go to Source
JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary
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. Go to Source
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Go to Source
JPEX crypto exchange launches asset-lock-up plan, as some users cry foul
JPEX has pushed ahead with its DAO Shareholder Dividend Scheme. However, some users claim their assets are being converted without their knowledge. Go to Source
Hong Kong police, regulator form crypto task force as JPEX saga unfolds
The joint group was established in light of the ongoing crypto scandal in Hong Kong involving the JPEX crypto exchange. Go to Source
Troubled crypto exchange JPEX applies for deregistration in Australia
The unlicensed exchange allegedly solicited than $128 million from users before being reprimanded by the Hong Kong Securities and Futures Commission. Go to Source
