Aiying reported that last year, the virtual asset trading platform JPEX was suspected of operating without a license and was suspected of fraud, causing a large number of investors to suffer losses. Two investors claimed that they believed JPEX was licensed and trustworthy, so they opened an account to invest in Tether. The two later discovered that the assets in the account were transferred without authorization. They filed a lawsuit in the District Court earlier to recover 24 Tethers or 185 million Hong Kong dollars from JPEX's Hong Kong and Macau registered companies and related persons, becoming the first civil claim case against JPEX.


