Zhang Zhilin went to the Hong Kong Police Headquarters today to assist in the investigation of the JPEX case

ChainCatcher news, according to Sing Tao Daily, the virtual asset trading platform JPEX has recently been named by the Securities and Futures Commission as operating without a license. The police have so far arrested at least 11 people. Zhang Zhilin arrived at the Hong Kong Police Headquarters this morning to assist in the investigation and left in the afternoon.

JPEX had invited celebrities or influencers such as Zhang Zhilin, Lin Zuo, and Zhuang Simin to promote their platform, describing Zhang Zhilin as the "Brand Ambassador for the Hong Kong region."

Earlier, Zhang Zhilin stated through a public relations company that he only recently noticed his likeness being used by JPEX. He mentioned that he had received an invitation to shoot an advertisement, during which JPEX claimed to be registered overseas and provided relevant proof. Therefore, they arranged for the shoot in March 2022. However, in May of the same year, after learning that JPEX was under the regulation of the Securities and Futures Commission, he had formally notified JPEX in writing that if they could not obtain a license, they could not use his likeness for promotion, and thus he would reserve the right to pursue legal action.