The International Criminal Police Organization (Interpol) recently announced on its official website that it has issued a red notice for "Coin Master" Huang Chengjie and his assistant Mo Junting. The two men have become wanted targets around the world for their involvement in a number of serious financial crimes.
Table of contents
ToggleFraud platform JPEX promoters Huang Chengjie and Mo Junting were charged
Wong Cheng Kit, 30, is wanted in Hong Kong on one count of fraud and two counts of theft. His associate, 26-year-old Mo Junting, faces two money laundering charges. Known for his flamboyant personality and frequent legal disputes, Huang was a central figure in promoting the JPEX cryptocurrency trading platform, which was involved in Hong Kong's largest alleged financial fraud case worth HK$1.43 billion ($183 million).
Wanted for JPEX fraud: Coin Shao has been controversial over the years
Huang Chengjie's most well-known incident in the past was in 2018, when he was suspected of dropping more than HK$6,000 in cash from a rooftop in Hong Kong, causing riots among passers-by. Although he denied involvement, he was seen exiting the Lamborghini before the incident, defiantly asking the crowd if they believed money would fall from the sky. The Lamborghini bears the logo of the cryptocurrency he promotes. He was arrested for disorderly conduct in a public place and later released on bail.
According to reports , Huang Chengjie also had legal troubles in 2019, when he was arrested on suspicion of conspiracy to commit fraud. Huang Chengjie publicly promotes a mining machine with a price of five figures, claiming that it can mine the cryptocurrency Filecash coin (FCC) and guaranteeing that the buyer can recoup the cost within three months. However, a number of buyers later reported the case, accusing Huang Chengjie's return promise of false advertising, and the amount involved amounted to at least HK$27.5 million. As a result, the police arrested Huang Chengjie and his assistant Mo Junting on suspicion of conspiracy to defraud, and a buyer filed a lawsuit in court, demanding compensation of HK$125,000. In a small debt claim case in December 2022, both Mo Junting and Huang Chengjie were named as defendants.
In 2023, the cryptocurrency trading platform JEPX was exposed as a fraud because it failed to apply for a license from the Securities Regulatory Commission. The platform used various publicity techniques to attract investors, and the incident was not exposed until users were unable to withdraw their assets. The police subsequently arrested 70 people and stated that as of February 8 this year, a total of 2,636 reports had been received, involving approximately HK$1.61 billion; the JPEX case was an important chapter in Huang Chengjie's controversial career. As one of the Internet celebrities who promoted JPEX, Huang quickly deleted all relevant YouTube content after the Hong Kong authorities ordered him to stop his promotional activities, and was eventually wanted for the case.
It is understood that Huang Zhengjie worked as a swimming coach before joining the crypto. It was not until 2021 that he changed his name because he was involved in theft. The story of a swimming coach who turned into a crypto KOL and finally became a fraudster has aroused widespread concern in society.
