Four more suspects linked to the JPEX cryptocurrency platform scam have been apprehended by the police in Hong Kong and Macao.
As per a recent report by The South China Morning Post, two Hong Kong residents who were captured in Macao have been returned to Hong Kong for investigation regarding their involvement in the JPEX scandal. The report further disclosed that the arrested pair possessed HK$6.5 million ($830,390) in cash and assets, along with an additional HK$8.2 million frozen in their casino accounts.
Despite the absence of formal extradition agreements between Hong Kong and Macao, Assistant Police Commissioner Chung Wing-man clarified that the ultimate decision regarding the suspects' fate would be determined by the Macao courts.
On Saturday, the two individuals were transported from the Hong Kong-Macau Ferry Terminal in Sheung Wan. Their faces were concealed, and they were handcuffed while being transported in police vans to undisclosed locations.
In addition to the two individuals arrested in Macao, two more men, both aged 28, were detained last week in connection with the JPEX case.