Hong Kong court rules for investors in JPEX cryptocurrency fraud case
[Oct 30, 2024 5:07 PM] This was the first case against JPEX, which operated in Hong Kong without a license.
1 / 1 Relevant items tagged with #JPEX
Posts: 15
Posts
Hong Kong to license more crypto exchanges by end of year
[Oct 8, 2024 1:55 AM] Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
Investors file first civil suit against JPEX, more suits expected
[Jun 6, 2024 11:41 AM] The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue.
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
[Jun 4, 2024 10:20 PM] 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…
Hong Kong crypto exchange license applications cost less than expected
[Jun 3, 2024 9:32 AM] All unlicensed crypto exchanges have been kicked out of Hong Kong.
JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary
[Nov 1, 2023 10:23 PM] 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.
Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch
[Oct 23, 2023 3:41 AM] Hong Kong's financial regulators have overturned previous guidance that limited the sale of spot crypto products to professional investors. But there's a catch.
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
[Oct 17, 2023 10:25 PM] 41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study.
Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token
[Oct 6, 2023 10:30 PM] The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not…
Hong Kong Police and Securities Regulator Form Unit to Monitor Crypto Exchanges
[Oct 5, 2023 12:00 PM] Law enforcement officials and financial regulators in Hong Kong have teamed up to better identify illegal activities on cryptocurrency exchanges. The initiative, which comes in the wake of the crackdown on the JPEX exchange, seeks to improve…
JPEX crypto exchange launches asset-lock-up plan, as some users cry foul
[Oct 4, 2023 11:51 PM] JPEX has pushed ahead with its DAO Shareholder Dividend Scheme. However, some users claim their assets are being converted without their knowledge.
Hong Kong police, regulator form crypto task force as JPEX saga unfolds
[Oct 4, 2023 7:37 PM] The joint group was established in light of the ongoing crypto scandal in Hong Kong involving the JPEX crypto exchange.
Troubled crypto exchange JPEX applies for deregistration in Australia
[Sep 20, 2023 12:11 PM] The unlicensed exchange allegedly solicited more than $128 million from users before being reprimanded by the Hong Kong Securities and Futures Commission.
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
[Sep 19, 2023 8:30 PM] A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident…
JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
[Sep 17, 2023 7:26 PM] Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis.