Hack history / 2023 / Hack or exploit
JPEX
Hack or exploit on Sep 13, 2023 · Scam
IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 2 SOURCES
Lost
$194.3M
dollars at the time
Returned
none listed
as the sources state it
Rank
#32
among thefts by dollars lost
What happened
On September 13th, the Hong Kong Securities and Futures Commission issued a statement titled "Regarding Unregulated Virtual Asset Trading Platforms," stating that the virtual asset trading platform JPEX did not have a license from the Commission and had not applied for one. On September 14th, the JPEX community discovered that the withdrawal limit on the JPEX platform was only 1000 USDT, while the withdrawal fee was as high as 999 USDT, effectively preventing users from withdrawing their funds. As of October 3rd, the police have received reports from 2,467 victims, involving approximately HKD 1.522 billion in total.
In review: sources disagree on the date.
Details
- Date
- Sep 13, 2023
- Kind
- Hack or exploit
- Method
- Scam
- How in
- Other
- Target
- Centralized exchange
- Chains
- not stated
Reported by
Related incidents
Cite this page
SwanBluechip, "JPEX hack, Sep 13, 2023: $194.3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta02ce00636/ (data as of 2026-10-31).