Hong Kong and Macau authorities say they've detained people closely linked to the scandal, bringing total arrests to 18.
The arrest of people who the police say are"relatively close to core" of the scandal brings the total number of detentions to 18, and a number of other fugitives are still being tracked, the report said, adding that one suspect was allegedly found destroying documents with paper shredders and bleach in an apartment bathtub.
Funds were frozen on the JPEX platform after Hong Kong's Securities and Future Commission accused it of operating without a license a few weeks ago, and the regulator has now said it willThe affair shows the need for strong crypto licensing laws, Hong Kong leader John Lee has said, but the exchange has complained its"unfair" treatment could jeopardize the territory's ambitions to become a crypto hub.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Exchange Coinbase Receives License in Spain, While Bitcoin Spark (BTCS) ICO On-Boards New SupportersThe crypto community has been abuzz with excitement as crypto exchange Coinbase received license in Spain
Read more »
A Look Into The Dynamic Work Culture of the World's Largest Crypto ExchangeBinance, the world's largest crypto exchange, is on a mission to redefine global finance, bringing freedom of money to the over 1.4 billion unbanked
Read more »
Crypto.com Partners PayPal to Become Preferred Exchange for PYUSDThe crypto trading platform has amassed and now holds the deepest liquidity for PYUSD trading pairs globally.
Read more »
Crypto.com to become preferred exchange for PayPal USDThe exchange has listed PYUSD for retail and institutional users, with “trading features coming soon.”
Read more »
Binance to Exit Russia With Sale to New Crypto Exchange CommEXBinance, the world’s largest cryptocurrency exchange, is exiting Russia by selling its operations there to a new crypto exchange known as CommEX. “As we look toward the future, we recognize that operating in Russia is not compatible with Binance's compliance strategy,” said Noah Perlman, Binance's
Read more »
Binance to Leave Russia With Business Sale to Crypto Exchange CommExBinance will have no ongoing revenue split from the sale and will maintain no option to buy back shares in the business.
Read more »