According to the United Daily News, the Taiwan Financial Supervisory Commission confirmed that it had received a report alleging that JPEX illegally solicited in Taiwan and provided evidence, and had handed over the information to the prosecutors and investigators for processing. Because there are many victims in Taiwan, the amount involved is currently tens of millions of yuan. After conducting a thorough investigation in Taipei City, the Investigation Bureau recently secretly interviewed the well-known singer Chen Lingjiu who was responsible for the endorsement. The Investigation Bureau found that Chen Lingjiu's endorsement fee was as high as eight figures, far exceeding the general market price. After the JPEX incident broke out, the company located next to SOGO in the East District of Taipei was no longer occupied, and there was a poster of Chen Lingjiu outside the company building. The victims did not receive compensation and could only go to the Investigation Bureau to file a record.
The Financial Supervisory Commission stated that according to the Company Law, if an overseas virtual trading platform is a foreign company, it is prohibited from operating in Taiwan without registering a branch, and will be subject to criminal and civil liability. Whether it involves money laundering depends on whether JPEX has exchanged currencies such as Taiwan dollars and foreign currencies.