HONG KONG -- Hong Kong police have arrested six people in connection with suspected cryptocurrency fraud involving at least 1 billion Hong Kong dollars ($127.8 million) worth of virtual assets.
Police say at least $128m in virtual assets and 1,400 users likely involved
Hong Kong's financial regulators warned investors about JPEX, a cryptocurrency trading platform, over alleged fraudulent activity last week. © Reuters
HONG KONG -- Hong Kong police have arrested six people in connection with suspected cryptocurrency fraud involving at least 1 billion Hong Kong dollars ($127.8 million) worth of virtual assets.