JPEX
We checked JPEX against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
According to its website, JPEX claims JPEX as a licensed platform that provides trading services for digital assets and virtual currencies and is regulated by the Australian Securities & Investment Commission (ASIC), registration number is 644625650. It also claims that it holds It has the licenses of FINTRAC and FINCEN.After inquiry, it was found that the company name corresponding to the registration number 644625650 is indeed JPEX, but it is only industrial and commercial registration and is not subject to the supervision of ASIC.In addition, FINTRAC and FINCEN are anti-money laundering agencies and do not supervise foreign exchange, so this license cannot be used as a certificate for foreign exchange transactions. The truth is that JPEX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, JPEX is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report JPEX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.