Another round of token airdrop? JPEX announces DAO compensation plan, new deposits can subscribe at a 50% discount.

The amount involved in JPEX continues to increase, having surpassed 5 billion NTD to date, with the number of complainants exceeding 2,000. Furthermore, JPEX's daily announcements have become increasingly outrageous, attempting to raise funds through the "DAO Compensation Plan" once again.

Key Recap: Taiwan takes zero action against JPEX? JPEX has spread millions in budget in Taiwan, with spokespersons and sponsored media making a profit

11 People Arrested in JPEX Case

According to Sing Tao Daily, Hong Kong police arrested 3 men aged 25 to 32 on September 20 for conspiracy to commit fraud.

As of now, a total of 11 individuals have been arrested.

JPEX Involved Funds Reaches 5.3 Billion NTD

By 5:00 PM on September 20, the police had received 2,086 reports from victims. Compared to the data from the 18th, the number of reports has increased by over 600.

Additionally, the amount involved has reached 1.3 billion HKD, approximately 5.37 billion NTD.

JPEX: App Unreasonably Blocked

JPEX issued two announcements on the 20th, one complaining that the police, together with the Securities and Futures Commission, jointly blocked JPEX's mobile app and official website unreasonably.

JPEX Compensation Plan: 100% Asset Compensation After Two Years

Another announcement was even more outrageous, claiming that JPEX referred to past cases at Bitfinex and introduced the "DAO Shareholder Dividend Scheme."

The dividend scheme allows for a subscription limit of 400 million USDT, which can be exchanged for the locked-in encrypted assets on the platform, but can only be redeemed for 100% value after two years.

JPEX even plans for another round of cutting, claiming that if new assets are deposited, they can subscribe to the DAO shareholder scheme at a 50% discount.