Bitrace: Over the past 20 months, JPEX hot wallet addresses have received more than 190 million risky USDT

ChainCatcher news reports that according to Bitrace's on-chain fund audit, the virtual trading platform JPEX has suffered severe fund contamination related to its addresses. One of its hot wallet deposit addresses has received over 190 million risky USDT in the past 20 months. Among them, the TLGiN6 address has interacted with 30,585 users 189,133 times in the past 20 months, receiving a total of 687,002,533 USDT, of which 151,415,358 USDT is risky funds, accounting for 22.04%.

It is reported that recently the Hong Kong Securities and Futures Commission warned that JPEX is an unregulated virtual trading platform and clarified that none of the entities under the JPEX group have applied to the Commission for a license to operate a virtual asset trading platform in Hong Kong. As of now, all publicly disclosed JPEX Tron withdrawal hot wallet addresses have ceased normal withdrawal activities.