Gate News Report, March 17 — The virtual asset trading platform JPEX was re-heard yesterday (March 16) at the Eastern Magistrates’ Court in Hong Kong regarding an alleged fraud case. The case involves eight defendants, including internet celebrities Lin Zuo and Chen Yi. Magistrate Ko Wai-hung postponed the case to June 1 for further proceedings. The eight defendants include artist Zheng Junxi, internet celebrities Lin Zuo, Chen Yingyi (Chen Yi), Liang Qixiang, Coingaroo operations director Qu Zhuoji, general manager Zhao Jingxian, Xiao Yingqian, and He Jiwen. They are charged with conspiracy to commit fraud, fraud, and money laundering, among other crimes, for misleading others into investing in virtual assets. Except for the first defendant Zheng Junxi, who remains in custody due to other cases, the remaining defendants have been granted bail. To date, 16 people have been prosecuted in connection with this case.
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