Hong Kong Police Arrest JPEX Promotion Internet Celebrity Lin Zuo on Suspicion of JPEX Case

Hong Kong police arrested JPEX promoter Lin Zuo today, possibly related to the JPEX controversy. The police searched Lin Zuo's office located in the Central entertainment district. The case is now being followed up by the Commercial Crime Investigation Division.

After JPEX was named by the Hong Kong Securities and Futures Commission, new withdrawal restrictions were added, with investors only able to withdraw a maximum of 1000 USDT and fees reaching as high as 999 USDT. After JPEX introduced these measures, Lin Zuo claimed to have suffered "heavy losses" and said he would assist in following up on the incident. (Yahoo News)

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