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JPEX fraud case: Lam Chak and 7 others charged with conspiracy to defraud and other offenses, remanded for further questioning on June 1
Odaily Planet Daily reports that the virtual asset trading platform JPEX is under investigation for suspected fraud, with 16 people currently charged. Among them, 8 individuals including internet celebrities Lin Zuo and Chen Yi are involved. Yesterday (16th), at the Eastern District Magistrates’ Court, the case was further adjourned. Magistrate Ko Wai-hung postponed the case to June 1 for further proceedings. During this period, only the first defendant Zheng Junxi, involved in other cases, remains in custody for further investigation. The remaining defendants are released on bail. The 8 defendants include 5 men and 3 women: artist Zheng Junxi, internet celebrities Lin Zuo and Chen Yingyi (Chen Yi), internet celebrity Xiangxiang Liang Qixiang, Coingaroo operations director Qu Zhuoji and general manager Zhao Jingxian, Xiao Yingqian, and He Jiwen. They are charged with conspiracy to commit fraud, fraud, misleading others to invest in virtual assets, and money laundering. (Hong Kong 01)