Hong Kong Chief Executive, Carrie Lam, has stated that in regards to the JPEX case involving virtual asset trading platform, the police and Securities and Futures Commission have been requested to meet with the media this afternoon (19th) to explain the related events.

Lam pointed out that the government's policy towards virtual assets is to have an effective regulatory system, publicly disclose information related to virtual assets, and emphasize and promote investor education.

Lam said that this incident reflects the importance of regulation, including the need to invest in regulated and licensed trading platforms, as well as the importance of personal understanding of virtual assets and related risks. She emphasized that the current licensing system is designed to protect investors, and the Securities and Futures Commission will monitor market changes to ensure that investors' interests are fully protected. The authorities will also vigorously promote investor education.