16 charged in JPEX crypto fraud case
Hong Kong police have charged 16 individuals in connection with an alleged fraud scandal surrounding cryptocurrency trading platform JPEX, more than two years after the force began investigating.
The Police Commercial Crime Bureau announced on Wednesday that the 16 people included core members of JPEX, individuals in charge of over-the-counter (OTC) cryptocurrency exchanges, social media influencers, and nominee account holders.
The case will be mentioned at Eastern Magistrates’ Courts on Thursday morning.
Six core members were charged with conspiracy to defraud, money laundering,…
