Odaily Planet Daily News A recent document shows that JPEX, which is facing fraud charges, is applying to cancel its registration with the Australian Securities and Investments Commission (ASIC). The document also states that JPEX currently has no liabilities and its assets do not exceed A$1,000. (Coinspeaker)
Earlier today, the Hong Kong police reported updated information on the JPEX case. On Wednesday (20th), three more men were arrested on suspicion of conspiracy to commit fraud and are now being detained for investigation. A total of 11 people have been arrested in the case so far. As of 5 p.m. on September 20, 2023, the police had received reports from 2,086 victims, involving a total amount of approximately HK$1.3 billion. The police said that the investigation was still ongoing and they did not rule out the arrest of more people.