#hong kong

Hong Kong police have arrested Joseph Lam, a crypto influencer and former lawyer, in connection with the ongoing investigation into cryptocurrency exchange JPEX. Lam, who has over 190,000 Instagram followers, was arrested today and his office was raided. The arrest follows the Securities and Futures Commission's warning against JPEX for misleading statements about its licensing status. The police have received at least 83 complaints involving JPEX, with virtual assets worth about HK$34 million ($4.3 million) reported.

An analysis of crypto accessibility via ATMs, business adoption, legal frameworks, and overall availability has identified the frontrunners for 2023 as Hong Kong, Switzerland, the USA, Georgia, Slovenia, Canada, Australia, Germany, Bulgaria, and Panama.

Tangem's previous success in July saw them selling 5,000 cold wallets, each compatible with a staggering 6,000+ cryptocurrencies. A new batch is now available, yet again sporting a Shiba Inu design. According to the company, the first shipment reached a Hong Kong warehouse without issue and has been sent to customers.