Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token

Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token

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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 inform them of the conversion rate used to…

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