TechFlow news — According to an official announcement, JPEX stated that its platform has been actively communicating with the Hong Kong Securities and Futures Commission (SFC) in preparation for compliance with cryptocurrency regulations.
However, JPEX claimed that the SFC failed to honor its commitments and has continuously treated JPEX unfairly, even sending letters to all of JPEX's partners demanding termination of their cooperation with the platform.
JPEX added that after the SFC issued its statement against the platform, third-party market makers previously partnered with JPEX maliciously froze funds.
In addition, JPEX said it again sought guidance from the regulator on September 15, 2023, but only received a response stating the matter had already been referred to the police. Nevertheless, JPEX affirmed it would "resolutely continue operations."
