According to its records, the police detained three more individuals in the case who ranged in age from 25 to 32. There are 11 suspects in total. Police have not, however, ruled out the potential of making more arrests.
The entire amount of lost money has reportedly risen to HK$1.3 billion (about $166.6 million), according to the most recent claims.
The virtual asset trading platform JPEX falsely claims in its advertising that it has a permit to operate in the city, according to a report published on September 13 by the Securities and Futures Commission of Hong Kong. The attackers allegedly promised victims a high rate of return in exchange for their investments in cryptocurrency assets on JPEX.
In a string of announcements made public last week, the exchange accused Hong Kong authorities with "unfair treatment." Additionally, JPEX stated that the asset freeze is causing a shortage of liquidity, therefore the exchange is "temporarily suspending" its services in Hong Kong.
source: rthk.hk
The entire amount of lost money has reportedly risen to HK$1.3 billion (about $166.6 million), according to the most recent claims.
The virtual asset trading platform JPEX falsely claims in its advertising that it has a permit to operate in the city, according to a report published on September 13 by the Securities and Futures Commission of Hong Kong. The attackers allegedly promised victims a high rate of return in exchange for their investments in cryptocurrency assets on JPEX.
In a string of announcements made public last week, the exchange accused Hong Kong authorities with "unfair treatment." Additionally, JPEX stated that the asset freeze is causing a shortage of liquidity, therefore the exchange is "temporarily suspending" its services in Hong Kong.
source: rthk.hk