Chen Xiaolong Press Conference: JPEX Arrests, CryptoPARD Losses, and the Future of Cryptocurrency Courses

2023-10-12 07:27:17
Chen Xiaolong (middle) attended the press conference today accompanied by his lawyer. Like Lin Zuo, Chen Xiaolong hired Fan Dewei (right) as his legal representative. (Screenshot of Channel C)

[Yahoo News Report]28 people have been arrested so far in the case of cryptocurrency exchange JPEX. One of the arrested persons, CryptoPARD founder Solomon Chan, held a press conference at CryptoPARD’s office today (12th). Chen Xiaolong said that he left the police station following being arrested on the 6th of this month and has not yet been prosecuted. Since the case is under investigation, he will not comment on the case. However, he revealed that the company lost 8 figures due to this incident and the company’s business also dropped. 90%, and he also stated that he did not know the other arrested persons. Chen Xiaolong said that the company will continue to provide cryptocurrency and blockchain courses, as well as cryptocurrency over-the-counter exchanges, and that it will no longer promote cryptocurrency exchanges that have not obtained local licenses, but he refused to respond to the reasons for promoting JPEX in the past. It is worth mentioning that, like Lin Zuo, Chen Xiaolong also hired David Fenn as his representative lawyer.

Chen Xiaolong explained that the courses provided by the company include blockchain technology analysis, technological innovation, the origin of various cryptocurrencies, and market trends, etc. The company’s main income comes from course tuition and exchange spreads from over-the-counter trading business. Chen explained that the reason for running the course is that following more than 10 years of development of cryptocurrency and blockchain, there is still a lack of systematic knowledge collection in the market. Citizens can only learn scattered information. He hopes that through the course, relevant knowledge will be popularized and they can be systematically chemical learning. Chen Geng claimed that the establishment of the course can be in line with the Hong Kong government’s promotion of “Web 3.0”.

Chen Xiaolong pointed out that before the JPEX incident, a class of students in a course held by the company

In the past, Crypto Leopard has had “out-of-position” publicity, including arranging for a supercar with the company’s “latte art” printed on it to be parked at Shatin City One, which attracted housing estate staff to lock the car and then create a buzz online. When asked why the car was not owned by Chen Xiaolong, he said, “You don’t have to use your own registered car to drive a car.” He also said that the incident happened last year and has been explained many times and will not be repeated.

In addition, at a new real estate sales site in March this year, a young man wearing a Crypto Leopard costume expressed that he wanted to buy a property. Today, Chen Xiaolong was asked whether the young man was a publicity stunt. Chen denied this, but said that the young man was a Crypto Leopard. Former employee.

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