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JPEX

Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises

by Anas Siddiqui
Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises

Last week, the Hong Kong Securities and Futures Commission (SFC) warned of a scam using deepfakes of Elon Musk touting a cryptocurrency trading platform called “Quantum AI”. The scam is …

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Why do so many Hongkongers fall victim to money scams? Head of investor education body has answers

by Ron Morgan
Why do so many Hongkongers fall victim to money scams? Head of investor education body has answers

Hongkongers are knowledgeable about investments but still expose themselves to scams because they tend to forget useful advice, according to the head of a body dedicated to making residents smarter …

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Hong Kong Authorities Arrest Over 72 in Connection to JPEX Scandal

by Isaac Wright
Hong Kong Authorities Arrest Over 72 in Connection to JPEX Scandal

Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report by SCMP, approximately HK$230 million …

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Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

by Anas Siddiqui
Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency …

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Details on the Arrested JPEX Executives in Taiwan: Report

by Isaac Wright
Details on the Arrested JPEX Executives in Taiwan: Report

Nearly two months ago, Dubai-based crypto exchange platform JPEX decided to “wind down operations” after Hong Kong regulators took notice of their activities. Immediate Fallout At the time, JPEX’s Earn …

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Hong Kong FinTech Week kicks off with new Web3 focus: tokenisation and cross-border payments

by Anas Siddiqui
Hong Kong FinTech Week kicks off with new Web3 focus: tokenisation and cross-border payments

Hong Kong officials unified around the city’s commitment to Web3 development at this year’s FinTech Week, touting the expansion of blockchain, tokenisation and central bank digital currencies more than six …

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