A Hong Kong court ruled against JPEX in a cryptocurrency fraud case, ordering recovery of $238,000 for investors.
A Hong Kong court has ruled in favor of investors in the first case against the unlicensed cryptocurrency platform JPEX.
Two Hong Kong crypto influencers are now on Interpol's Wanted List due to connections with the collapsed JPEX crypto exchange.
Interpol issues Red Notice for two Hong Kong crypto influencers linked to a $200 million collapse of JPEX. They face charges of theft, fraud, and money laundering.
Investors have filed the first civil lawsuit against JPEX to recover funds transferred out of their wallets, as criminal proceedings against the exchange continue.
Two citizens have filed the first civil lawsuit against JPEX for alleged fraud, seeking to recover 240,000 units of tether worth HK$1.85 million. This is the first legal action since the alleged fraud was discovered nine months ago.
Investors are trying to recoup lost funds from JPEX, which is under investigation by Hong Kong police.
Two individuals have filed a lawsuit in Hong Kong to recover $700,000 from JPEX Crypto Asset Platform, accused of financial fraud involving $1.6 billion.
The article discusses the numerous vacant trading shops in Hong Kong following the collapse of local crypto exchange JPEX, highlighting the volatile nature of the crypto industry.
Following the bankruptcy of JPEX, a crypto exchange, Hong Kong authorities froze over $29 million in assets and made arrests related to the collapse.
Hong Kong police have advanced their investigation by freezing assets connected to JPEX, a crypto exchange implicated in a $403 million fraud case.
