TechFlow reported that JPEX, a virtual asset trading platform suspected of operating without a license, recently proposed a "DAO stakeholder dividend plan," claiming that 70% of users participating in the initial referendum had already approved it. Hong Kong Legislative Council member Wong Chun-sik cautioned that under this proposal, investors' dividend entitlement would be capped at only 49%, meaning control remains firmly with JPEX. He further warned investors to pay special attention: converting from creditors to shareholders does not guarantee recovery of their invested funds, and should the company incur debts, users could end up personally assuming those liabilities.
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