HONG KONG -- When Hong Kong regulators singled out cryptocurrency trading platform JPEX by name in a warning earlier this month, the move came as a surprise for many in the crypto community.
It is extremely rare for the Securities and Futures Commission (SFC) to name an individual company in this kind of advisory, industry insiders told Nikkei Asia. Yet that is precisely what the SFC did on Sept. 13 when it accused JPEX of suspicious practices and misleading promotions.
