Hong Kong Increases Crypto Exchange Scrutiny Following JPEX Fiasco

Hong Kong Increases Crypto Exchange Scrutiny Following JPEX Fiasco

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The move follows the imbroglio at the JPEX crypto exchange last month, which resulted in multiple arrests and the platform shuttering services. The unlicensed exchange is alleged to have defrauded investors out of $204 million. The task force is comprised of the city’s Securities and Futures…

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