Acting Chief Inspector of Hong Kong: It is not ruled out that more people will be arrested in the JPEX case, and 67 million Hong Kong dollars in suspected criminal proceeds are planned to be confiscated

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PANews
09-19
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At the briefing on the virtual asset trading platform JPEX case, Hong Kong Acting Chief Inspector Mak Wai-kwong said that the investigation is still ongoing and more arrests cannot be ruled out. Regarding the JPEX case, Operation Tieguan has searched 20 premises and found 8 million Hong Kong dollars in cash, precious jewelry, computers, phones, and JPEX-related documents. We are conducting a wealth investigation on the relevant personnel involved, and successfully frozen more than 15 million Hong Kong dollars in bank deposits, HK$44 million in third-party properties has been frozen, and the police are considering confiscating a total of HK$67 million in suspected criminal proceeds.

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