Hong Kong police described the case as "very complex" and identified at least 14 individuals as core members. -- PHOTO: REUTERS
HONG KONG (AFP): Hong Kong police said Wednesday they have arrested dozens of suspects in connection with one of the city's largest crypto fraud cases, the HK$1.6 billion ($206 million) JPEX cryptocurrency exchange scandal.
Police have been investigating JPEX since September 2023 after the city's securities regulator accused the platform of "suspicious" activities and promoting its products without a licence.
