Hong Kong Secretary for Security Tang Ping-keung: 12 people have been arrested in the JPEX fraud case, and over 77 million Hong Kong dollars have been frozen

According to ChainCatcher news, as reported by Lianhe Zaobao, Hong Kong's Secretary for Security, Tang Pingqiang, stated today that the police have arrested 12 people in connection with the JPEX case and searched 16 over-the-counter (OTC) trading shops, seizing 8 million Hong Kong dollars in cash and freezing assets exceeding 77 million Hong Kong dollars, including properties and cryptocurrencies. Tang Pingqiang also mentioned that the police have received 2,392 reports to date and have contacted over 300 individuals, involving nearly 1.5 billion Hong Kong dollars.