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Arrests over alleged $830M Korean crypto scam, huge premium paid for Nobody NFT, UBS tokenizes a call option on Ethereum: Asia Express.

Our weekly roundup of news from East Asia curates the industrys most important developments.

Hong Kong director Stephen Chow, best known for the iconic filmKung Fu Hustle, has launched a novel NFT collection dubbed “Nobody.” It’s seen more than 10,609 Ether in total volume traded since its inception earlier this month.

On February 8, Ray Chan, the Hong Kongese co-founder of entertainment platform 9GAG, purchased a Nobody NFT avatar for 19.527 Ether, representing a premium of 3,155% to their current floor price of 0.6 Ether.

“One actor a year, Stephen Chow for a century; There are millions of little people, but the supreme treasure is unparalleled; Pictures are valuable, [but] memories are priceless,” Chan wrote in praise of the collection.

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