According to Sing Tao Daily, Foresight News reports that in the JPEX virtual asset trading platform fraud case, which has been ongoing for 18 months, the Hong Kong Police have successfully frozen 228 million yuan. Hong Kong Election Committee member Wu Jiezhuang is concerned about whether the police can help victims recover the stolen funds. In response, Police Commissioner Zhou Yiming stated that the relevant case is still under investigation, and the police will seek legal advice from the Department of Justice regarding different suspects. The frozen funds can only be determined for distribution after the case is concluded.
Zhou Yiming also mentioned that the Hong Kong Police have established an electronic banking document system to analyze fund flows in bank accounts. Regarding fraudsters using virtual assets to receive and launder stolen funds, they are currently collaborating with local universities to develop a one-stop virtual asset analysis tool.
