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Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in a wave of phishing scams sent through text messages. Hong Kong police warned users of the scam in an Oct. 9 post to its Facebook page dubbed “CyberDefender.”“Recently, fraudsters posing as Binance sent text
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Hong Kong police have cautioned residents about scammers posing as Binance and sending phishing texts. Over the past two weeks, authorities have recorded 11 cases, amounting to HK$3.5 million in reported losses. A local news report dated Oct. 9 calls out a post on the “Net Keeper” social platform, in which law
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Zhu was reportedly arrested last week while trying to leave the country, liquidators said. Source
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The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have set up a crypto-focused working group to deal with illicit crypto exchange activities.In an Oct. 4 statement, the SFC said the group was formed after a meeting with the HKPF on Sept. 28 amid continuing arrests
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In an announcement sent to Cointelegraph, Binance said it worked alongside law enforcement agencies, providing intelligence to disrupt the criminal group. The operation, which had the code “Trust No One,” led to the arrest of five alleged key syndicate members and the seizure of various assets worth $277 million. Over
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Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other suspected figures.On Sept. 29, local media outlet Radio Television Hong Kong reported that two Hong Kong men involved in the JPEX case
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Nvidia, one of the global leaders in artificial intelligence (AI) chip production headquartered in California, reportedly faced a police raid in its French offices this week. The action came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. The Wall Street Journal reported the raid on
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The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has pledged to address the JPEX crypto exchange fraud, which is being called the country’s most significant digital asset deception. The seriousness of the matter was brought to light in a press conference held on Sep. 27. According to local reports, authorities
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The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has vowed to bring justice to people who fell victim to the JPEX crypto exchange fraud, local media has reported. In a press conference on Wednesday, Sept. 27, the security chief’s office said police are actively looking for the key
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Hong Kong authorities continue to investigate cryptocurrency exchange JPEX for alleged fraud and have received over 2,000 complaints from aggrieved investors. Eleven people have reportedly been taken into custody, including influencers who promoted the platform. Hong Kong intensifies JPEX probe The police stated that investors, most of whom are inexperienced, invested in JPEX
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