JPEX: Has started the capital repurchase work with market makers

ChainCatcher news, the cryptocurrency exchange JPEX, which is suspected of fraud, announced yesterday that in order to ensure DAO stakeholders can obtain sufficient returns and dividends from the plan, the platform has begun working on a capital buyback with market makers.

In addition, JPEX also stated that the relevant trading systems on the platform are being optimized and reset.

Previously, on the evening of October 26, Hong Kong police announced that there have been 36 arrests in the conspiracy fraud case involving the virtual asset trading platform JPEX, but all arrested individuals have been granted bail and must report to the police from late October to late December. As of 5 PM on the 26th, there have been 2,595 reported victims, involving an amount of approximately 1.58 billion Hong Kong dollars.