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News Explorer — JPEX Crypto Exchange Scandal Leads to Over $178M in Losses With Culprits Still at Large

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Sep 25, 1:41 am
Cointelegraph

JPEX Crypto Exchange Scandal Leads to Over $178M in Losses With Culprits Still at Large

The masterminds behind the JPEX crypto exchange scandal in Hong Kong have evaded authorities, despite 11 people being questioned. Over 2,265 complaints have been filed by victims, with an estimated monetary loss of $178 million. The complaints are related to difficulties withdrawing cryptocurrency from the platform, which raised its withdrawal fees to 999 USDT.

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