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Hong Kong Police Identifies Key Suspects in JPEX Case, Launches International Pursuit

Katie Lin

Summary: According to the latest update from the Hong Kong police, their investigation into the JPEX fraud case has made significant progress. They have identified some key suspects in the case, and notably, a few of these individuals have left Hong Kong. However, law enforcement authorities are planning to pursue them through international cooperation mechanisms. It ...

According to the latest update from the Hong Kong police, their investigation into the JPEX fraud case has made significant progress. They have identified some key suspects in the case, and notably, a few of these individuals have left Hong Kong. However, law enforcement authorities are planning to pursue them through international cooperation mechanisms. It remains unclear whether the primary instigator of the incident is an individual or a group, but the police will continue their efforts to track down the masterminds behind the case and recover the stolen funds.

Chief Superintendent Cheng Li-kei of the Hong Kong Police Force's Cyber Security and Technology Crime Bureau emphasized that this case presents unique challenges due to the extensive destruction of documents and information by the criminal group. Additionally, the case involves a multitude of digital wallets, as well as related cryptocurrencies that were rapidly transferred across various overseas cryptocurrency trading platforms. These complexities have made the investigation a particularly intricate process.

Author: Katie Lin

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