The post Hong Kong Targets JPEX in Major Crypto Fraud Investigation appeared on BitcoinEthereumNews.com. Key Points: Charges against JPEX involve HK$1.6 billion with 16 prosecuted individuals. Significant legal actions marking regulatory precedent. Public bail and strict measures reflect increased scrutiny. Hong Kong authorities are investigating the cryptocurrency exchange JPEX for alleged fraud involving 16 prosecutions and losses exceeding HK$1.6 billion [source: HK Police]. This case signifies intensified scrutiny under new AML regulations, affecting retail confidence and leading to further regulatory measures in Hong Kong’s growing digital asset sector. JPEX Investigation: A Landmark Crypto Fraud Case Hong Kong’s legal actions against JPEX include charges of fraud and money laundering, impacting victims worldwide. 16 individuals face prosecution as authorities aim to increase accountability in digital asset sectors. Current actions involve asset freezes and legal proceedings in Hong Kong courts. Immediate market reactions have led to a decline in confidence within Hong Kong’s cryptocurrency community, specifically impacting retail investors. The Hong Kong police remain resolute in prosecuting further, with Ernest Wong highlighting the possibility of additional arrests. Among defendants, internet celebrities Lin Zuo and Chen Yingyi have received bail. Ernest Wong, Chief Superintendent, HK Police Commercial Crime Bureau, stated: “We’ll continue our investigation, and we can’t eliminate the possibility that we’ll prosecute or arrest more people in the future.” Cryptocurrency Market Shaken by Legal Precedents and Price Trends Did you know? The JPEX case marks the largest crypto fraud prosecuted under Hong Kong’s newly implemented digital asset regulations, setting a significant precedent for future enforcement actions in the region. Ethereum (ETH) is currently priced at $3,579.10 with a market cap of $431.99 billion and a 24-hour trading volume of $28.25 billion, showing a 5.34% increase over 24 hours. However, ETH has noted a 17.78% decline over 60 days. Data courtesy of CoinMarketCap. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 22:17 UTC on November 9, 2025. Source: CoinMarketCap… The post Hong Kong Targets JPEX in Major Crypto Fraud Investigation appeared on BitcoinEthereumNews.com. Key Points: Charges against JPEX involve HK$1.6 billion with 16 prosecuted individuals. Significant legal actions marking regulatory precedent. Public bail and strict measures reflect increased scrutiny. Hong Kong authorities are investigating the cryptocurrency exchange JPEX for alleged fraud involving 16 prosecutions and losses exceeding HK$1.6 billion [source: HK Police]. This case signifies intensified scrutiny under new AML regulations, affecting retail confidence and leading to further regulatory measures in Hong Kong’s growing digital asset sector. JPEX Investigation: A Landmark Crypto Fraud Case Hong Kong’s legal actions against JPEX include charges of fraud and money laundering, impacting victims worldwide. 16 individuals face prosecution as authorities aim to increase accountability in digital asset sectors. Current actions involve asset freezes and legal proceedings in Hong Kong courts. Immediate market reactions have led to a decline in confidence within Hong Kong’s cryptocurrency community, specifically impacting retail investors. The Hong Kong police remain resolute in prosecuting further, with Ernest Wong highlighting the possibility of additional arrests. Among defendants, internet celebrities Lin Zuo and Chen Yingyi have received bail. Ernest Wong, Chief Superintendent, HK Police Commercial Crime Bureau, stated: “We’ll continue our investigation, and we can’t eliminate the possibility that we’ll prosecute or arrest more people in the future.” Cryptocurrency Market Shaken by Legal Precedents and Price Trends Did you know? The JPEX case marks the largest crypto fraud prosecuted under Hong Kong’s newly implemented digital asset regulations, setting a significant precedent for future enforcement actions in the region. Ethereum (ETH) is currently priced at $3,579.10 with a market cap of $431.99 billion and a 24-hour trading volume of $28.25 billion, showing a 5.34% increase over 24 hours. However, ETH has noted a 17.78% decline over 60 days. Data courtesy of CoinMarketCap. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 22:17 UTC on November 9, 2025. Source: CoinMarketCap…

                                                                               Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates.                     A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more