Silent no more: Hong Kong YouTuber relives attack after JPEX video, says clueless cryptocurrency investors need education
- Channel host says he stopped posting about JPEX after he was beaten up and landed in hospital
- ‘There were early red flags’ over cryptocurrency platform at the centre of HK$1.5 billion fraud scandal, he says
Former Hong Kong software operations manager and YouTube personality Leo is not ready to reveal his full name – but he is no longer holding back on his views on under-investigation cryptocurrency platform JPEX.
Leo explained he was beaten up after a single post in 2020 that said JPEX offerings at the time seemed to be a scam and he was convinced the attack was related to the video.
He did not voice any more misgivings about the cryptocurrency platform, which promised investors high returns he thought were too good to be true, after the attack.
About 2,500 people in Hong Kong have complained to police in recent weeks that they fell victim to a massive alleged fraud involving more than HK$1.5 billion (US$192 million) they sank into JPEX cryptocurrency products.
More than two dozen people have been arrested, including prominent social media influencers who had painted a rosy picture of JPEX and helped persuade people to put their money into a scheme many barely grasped.
