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Around 2,500 people in Hong Kong recently reported to the police that they fell prey to a massive fraudulent scheme involving over HK$1.5 billion invested in JPEX cryptocurrency products. Despite being attacked, a former software operations manager and YouTube personality, known as Leo, has decided to openly voice his concerns about the cryptocurrency platform. Leo, who is well-versed in cryptocurrency and a victim himself, believes that it is crucial for Hong Kong authorities and those with knowledge about the matter to educate the public and prevent future incidents like the JPEX scandal. This elaborate fraud has led to the arrest of influential social media figures who misled people into investing in JPEX. Leo first became suspicious of the platform when he noticed that it falsely claimed to be a Japanese exchange. His suspicions intensified when he encountered prominent online persona Wong Ching-kit promoting JPEX. Leo expressed his doubts in a YouTube video in August 2020, which attracted negative consequences as he was physically assaulted two weeks later. Despite the fear-induced silence and lack of coverage from mainstream media, JPEX carried on with its advertising campaigns until it faced backlash from the Japan Exchange Group in February 2022. Although Hong Kong's Security and Futures Commission had been in contact with JPEX since March 2022, the platform's alleged fraudulent activities were only publicly acknowledged in a statement released by the financial services watchdog recently. Leo, who remains resilient, unlocked his 2020 JPEX video last month and addressed the attack in a new video posted on September 19, 2022. Leo cautioned individuals tempted by quick profits to not be overly greedy and approach investment opportunities with caution. Furthermore, Leo expressed concern that some followers of the arrested influencer Chan Yee remained dedicated to JPEX "like a religion."