Hong Kong to publish list of suspicious crypto firms after JPE | Crypto Portal

Hong Kong to publish list of suspicious crypto firms after JPEX disaster

Big fish still at large
Two days ago, the South China Morning Post (SCMP) reported that the ringleaders behind the JPEX crypto scam were still at large. So far, the Hong Kong police have taken 11 individuals into custody in relation to the scam.

On 13 September, the SFC warned that none of the entities under the JPEX Group have secured a crypto license. Further, the exchange did not apply to run a regulated virtual asset trading platform VATP. At that point of time, the exchange denied the regulator’s claims in strong words.