Hong Kong authorities have formally charged a total of 16 individuals in connection with an alleged cryptocurrency fraud involving a staggering sum of $205 million linked to the JPEX exchange. In addition to these charges, Interpol is actively pursuing three additional suspects believed to be involved in the scheme, as investigations continue to unveil the extent of the fraudulent activities and to bring all responsible parties to justice.
source: https://www.coindesk.com/policy/2025/11/05/hong-kong-charges-16-in-alleged-usd205m-jpex-crypto-fraud-as-interpol-hunts-3-more-suspects