The SFC contacted relevant influencers, opinion leaders, and OTC shops, requesting them to stop promoting JPEX and its services.
The Hong Kong Securities and Futures Commission has issued a stern warning against the use of the crypto exchange known as JPEX. The commission has accused the platform of exhibiting “suspicious features” and promoting misleading information about its licensing status.report
Investors have been urged to exercise caution when encountering investment opportunities that appear “too good to be true.” The SFC further emphasized that investment advice, especially on social media platforms, is frequently provided by paid promoters who may not possess the expertise of investment professionals.
In response to the SFC’s claims, JPEX, on the other hand, maintained its intention to apply for a license, asserting,
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