Commissioner of Police of Hong Kong: A total of NT$200 million in assets has been frozen in the JPEX case
Hong Kong Police Commissioner Chris Tang Ping-keung responded to a question from Legislative Councilor Wu Chi-wai, stating that the JPEX virtual asset trading platform received 2,636 reports in 2023, involving a total of 1.6 billion yuan, and has contacted 2,300 victims. One-third of them have provided testimony, and 69 people have been arrested, with 200 million yuan in assets frozen. Due to the complexity of the investigation and the large number of victims, they will continue to collect testimony from remaining individuals and examine the flow of funds in electronic wallets to gather sufficient evidence to prove the crimes of the relevant individuals and prove that JPEX has no actual investment activities.
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