In today's briefing, Elizabeth Wong, Director of Licensing and Head of Fintech Unit, Intermediaries of the SFC, said that the agency has listed JPEX as an unregistered company and suspicious website since July 2022.
Wang added that the SFC warned the public on Aug. 7 about the risks of unlicensed crypto exchanges, but “JPEX went from bad to worse,” so the SFC then,and asked crypto influencers and over-the-counter money exchanges to stop promoting JPEX.
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