According to Bitrace’s on-chain fund audit, addresses related to the virtual trading platform JPEX have suffered serious fund contamination. One of its hot wallet recharge addresses has seen an inflow of more than 190 million USDT at risk in the past 20 months.
Bitrace conducted a fund audit on five JPEX Tron hot wallet recharge addresses. This article selects one of the more representative objects for disclosure.
Among them, the TLGiN6 address has interacted 189,133 times with 30,585 users in the past 20 months, with a total inflow of 687,002,533 USDT, of which 151,415,358 were risk funds, accounting for 22.04%.
Recently, the Hong Kong Securities and Futures Commission warned that JPEX is an unregulated virtual trading platform and clarified that none of the entities under the JPEX Group have applied for a license from the Securities and Futures Commission to operate a virtual asset trading platform in Hong Kong.
As of now, the public JPEX hot wallet addresses for withdrawing coins have stopped normal withdrawal activities.