- Joseph Lam, a crypto influencer, was arrested in Hong Kong on Monday, multiple media outlets reported.
- Police arrested him and five others for “conspiracy to defraud.”
- The fraud could involve more than 1,400 people and assets worth around $128 million.
Hong Kong police arrested six individuals, including crypto influencer and YouTuber Joseph Lam, on Monday in connection to the halted trading platform JPEX, the South China Morning Post reported.
Police said the group is suspected of a “conspiracy to defraud” investors, and the case could involve HK$1 billion, or about $128 million, according to complaints lawmakers received from more than 1,400 people.
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