JPEX Case: 12 Arrests Made – Latest Updates and Controversies [Yahoo News Report]

2023-09-26 10:09:39

A total of 12 people have been arrested in the JPEX case

[Yahoo News Report]The JPEX controversy continues to rage. The police recently announced that one more person has been arrested, bringing the total number of arrests to 12. “Yahoo News” received news that the latest person arrested was a 23-year-old man named Huang, who is the director of the virtual currency exchange shop “Money Lupin”. Online information shows that the Facebook and Instagram accounts registered under “Money Lupin” have been deleted.

Online information shows that the Facebook and Instagram accounts registered by “Money Lupin” are no longer accessible and are believed to have been deleted.

In addition, as of 5 pm today (26th), the police had received reports from 2,392 victims, involving approximately NT$1.497 billion. Police said the investigation is still ongoing and more arrests are not ruled out. The Commercial Crime Bureau is also actively following up on the investigation and will continue to contact those involved to provide relevant information to assist the police in the investigation.

The police launched an arrest operation last Monday (18th), first arresting 8 people, including Lin Zuo, who runs a cryptocurrency exchange shop, KOL “Chen Yi”, etc., and then arrested 3 more people last Wednesday (20th). People, including the person in charge of the cryptocurrency exchange shop “Zhu Gongzi” Zhu Jiahui, the person in charge of Bored Garden “dR. In addition, some celebrities who have promoted JPEX have also assisted the police in the investigation, including the artist Zhang Zhilin who was once appointed as the “JPEX Hong Kong Brand Ambassador”. Zhuang Simin also went to the police headquarters immediately after returning to Hong Kong last Thursday (21st) to assist in the investigation. Metaphysician Chen Dingbang also went to the Commercial Crime Investigation Bureau last Friday (22nd) to assist in the investigation.

JPEX Case Factbook, updated on September 26, 2023

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