Hong Kong Financial Secretary responds to JPEX case: Such illegal activities must be severely punished

Odaily Planet Daily News Hong Kong Financial Secretary Paul Chan Mo-po concluded his European visit and returned to Hong Kong in the afternoon. He responded for the first time to the suspected fraud case of the virtual asset trading platform JPEX. He said that he noted the announcement made by the Chief Executive of the China Securities Regulatory Commission, Leung Fengyi, on Monday. This incident can remind everyone of the risks of trading on some unlicensed virtual asset exchanges. The SAR government knows that blockchain technology and financial innovation are the general trend. , but at the same time, third-generation Internet-related businesses must also be included in appropriate supervision. Such illegal activities must be severely cracked down on, and they must be included in appropriate framework supervision, hoping that the industry can develop responsibly and sustainably. This is the policy orientation of the authorities. . Secretary for Security Tang Bingqiang said that the police have received 2,392 reports on the case so far, contacted more than 300 people, and involved nearly NT$1.5 billion. So far, 12 people have been arrested, NT$8 million in cash has been seized, and more than NT$77 million in assets, including property and cryptography, have been frozen. currency.