Hong Kong's JPEX Case: 8 Defendants Accused of Fraud, Case Postponed for Retrial in March Next Year

BlockBeats News, December 15th, according to the Hong Kong Economic Daily, there is a new development in the case of alleged fraud involving the virtual asset trading platform JPEX. 8 defendants are charged with multiple crimes, and the case has been adjourned for a retrial on March 16, 2026.

According to reports, the 8 defendants are former TVB artist Zhang Junxi (31 years old), Xiao Yingqian (28 years old), Lin Zuo (35 years old), Internet celebrity "Chen Yi" Chen Yingyi (38 years old), Ou Zhaoji (31 years old), Zhao Jingxian (25 years old), YouTuber "Xiang Xiang" Liang Qixiang (31 years old), and Ho Jiwen (28 years old).

The charges include conspiracy to defraud, fraud, fraudulently or deceitfully inducing others to invest in virtual assets, and dealing with property representing proceeds of an indictable offense known or believed to be derived. Except for Zhang Junxi, who has not applied for bail, the other 7 defendants have been granted bail to continue under the original conditions, during which they are not allowed to leave Hong Kong and must surrender all travel documents.