Odaily News The Hong Kong Securities and Futures Commission (SFC) announced yesterday that the virtual asset trading platform JPEX is an unlicensed operation. Later, it was reported on the Internet that the JPEX exchange could not withdraw funds within 8 hours. Some users pointed out that JPEX had limited the withdrawal limit to a maximum of 1,000 USDT and changed the withdrawal fee to 999 USDT, which means that retail investors can only withdraw a maximum of 1 USD. The Securities and Futures Commission of Hong Kong said it would refer the matter to the police for follow-up. (Ming Pao)