Police charge another 10 people over HK$1.6 billion JPEX cryptocurrency scandal

Hong Kong police have charged another 10 people in connection with the HK$1.6 billion (US$205.8 million) JPEX cryptocurrency scandal – the city’s largest alleged financial fraud in recent years. Four men and six women were charged on Thursday after investigations identified abnormal transactions in suspicious accounts linked to the case, police said. The suspects, aged between 26 and 47, will appear in Eastern Court on Friday charged with money laundering and conspiracy to launder money. The...

By Edith Lin