The Hong Kong Securities Regulatory Commission refers to the unlicensed operation of the virtual asset trading platform JPEX, and the Internet Red Forest was reportedly arrested by the police on Monday (September 18) for the JPEX incident.

The Hong Kong Securities Regulatory Commission issued a statement on Wednesday (13th) on the official website that the entities under the JPEX Group have not been issued by the Securities Regulatory Commission, nor did they apply to the Securities Regulatory Commission's license to operate a virtual asset trading platform in Hong Kong.

Comprehensive Hong Kong's "Sing Tao Headline", Hong Kong 01 and Ming Pao reported that Lin Zuo once said that he had applied as a JPEX partner.After the CSRC issued a statement, Lin Zuo issued a post to cut. Last Friday (15th) also went to the police station with a lawyer, and took the initiative to provide information to the police on the JPEX incident.

Reported sources said that the Hong Kong police arrested Lin Zuo on Monday and searched Lin Zuo's office in Central.