[ad_1]
Authorities supervision is needed to safeguard buyers and crack down on unlicensed platforms, Lee mentioned in accordance to the report. The Hounax case follows a identical just one involving crypto trade JPEX, which led to the arrest of 6 individuals in September right after far more than a thousand issues involving a complete of $128 million have been submitted. The Securities and Futures Fee (SFC) mentioned JPEX was also operating with out a license, prompting Lee to simply call for much better licensing legislation at the time.
[ad_2]
Source url
