JPEX case police received 2,636 reports so far, involving about NT$1.6 billion, 72 people arrested

Hong Kong Police Commissioner Chris Tang said that a total of 2,636 reports related to the JPEX case have been received, involving approximately RMB 1.6 billion. The police have arrested a total of 72 people and frozen assets worth approximately RMB 220.8 million. At a special finance committee meeting of the Legislative Council, Member Wu Jiehao asked how many technology crime cases received by the police involved virtual asset fraud. Tang said that there were 6,330 investment fraud cases reported last year, with losses exceeding RMB 5.9 billion, accounting for about two-thirds of the total losses of all fraud cases. Among them, 2,342 cases involved cryptocurrency, with a total amount of about RMB 3.16 billion.

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