Based on BitJie, on December 15, 2025, the Hong Kong Economic Daily reported new developments in the JPEX virtual asset trading platform fraud case. Eight defendants have been charged with multiple offenses, including conspiracy to defraud and inducing investments in virtual assets fraudulently. The trial has been postponed to March 16, 2026. The defendants include former TVB artist Zheng Junxi, netizens Chen Ying and Liang Qixiang, and others. All except Zheng Junxi were granted bail under existing conditions, with restrictions on leaving Hong Kong and surrendering travel documents.
JPEX Case: 8 Defendants Charged with Fraud, Trial Postponed to March 2026
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JPEX Case: Altcoins to Watch Amid Legal Turmoil, 8 Defendants Charged with Fraud
On December 15, 2025, the Hong Kong Economic Daily reported new developments in the JPEX virtual asset fraud case. Eight defendants, including former TVB artist Zheng Junxi, face charges of conspiracy to defraud and fraudulent investment inducement. The trial has been postponed to March 16, 2026. All but Zheng Junxi were released on bail with travel restrictions. The case has intensified market uncertainty, with the fear and greed index showing heightened volatility in altcoins to watch.
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