Hong Kong Crypto Exchange JPEX Applies for Deregistration in Australia Amid Fraud Charges and User Complaints

JPEX, a troubled Hong Kong-based crypto exchange, has applied for deregistration in Australia. The director of JP-EX Crypto Asset Platform PTY LTD (JPEX), Jieyi Chen, filed the application with the Australian Securities and Investment Commission (ASIC), stating that all members of the company agree to the deregistration. The company claims to no longer be carrying out business, with assets not exceeding AUD 1000 and no liabilities.

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