Virtual Asset Platform Fraud Case Update: 8 Defendants on Trial, Case Postponed to March 2026

RektRecovery · 2025-12-15T09:40:13+00:00

The latest developments in the virtual asset trading platform JPEX suspected fraud case show that 8 defendants have been charged with multiple offenses, and the case will be retried on March 16, 2026. The defendants include celebrities and internet influencers, facing serious charges such as conspiracy to commit fraud. Bail restrictions are strict, and investors should stay vigilant and exercise caution when investing.

RektRecovery

2025-12-15 09:40:13

Abstract generation in progress

[Crypto World] New developments have emerged in the case of JPEX, a virtual asset trading platform suspected of fraud. The latest report on December 15 indicates that eight defendants in this widely publicized case have been charged with multiple crimes. The judicial process is ongoing, and the case has been postponed to March 16, 2026, for further hearing.

The eight accused are: former TVB artist Zheng Junxi (31), Xiao Yingqian (28), Lam Chak (35), internet celebrity Chen Yingyi (38), Qu Zhuoji (31), Zhao Jingxian (25), YouTube content creator Liang Qixiang (31), and He Jiwen (28). They face serious charges, including conspiracy to commit fraud, fraud, inducing others to invest in virtual assets through deception or reckless disregard for the truth, and handling property believed to be proceeds of prosecutable crimes, among others.

Regarding bail conditions, except for Zheng Junxi who did not apply for bail, the remaining seven defendants are permitted to continue their bail under the original conditions. However, there are strict restrictions during the bail period: defendants are not allowed to leave Hong Kong and must surrender all travel documents. These measures ensure the smooth progress of the case and reflect the judicial authorities’ seriousness about this matter. This case also serves as a reminder to investors to stay vigilant in virtual asset investments, carefully verify platform credentials and investment opportunities.

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CryptoMom

· 2025-12-18 09:05

Damn, pushed back to 2026 again? How long do I have to wait? By then, the crypto world will have doubled or tripled again.

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ApeDegen

· 2025-12-18 04:38

It's the JPEX scam again, truly a matter of lives lost. Do we have to wait until 2026 for the trial? 😤 There are tons of internet celebrities and artists, and they just siphon off people's hard-earned money. No matter how you look at it, it's disgusting.

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ForumMiningMaster

· 2025-12-17 22:51

Pushed back to March 2026 again? This pace is way too slow. I wonder when it will finally come to fruition.

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AirdropJunkie

· 2025-12-15 10:10

Do we have to wait until March 2026 again? The yellow flowers have withered. This JPEX case is really dragging on without any progress.

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BrokeBeans

· 2025-12-15 10:09

It's JPEX again, celebrities again, scams again... Truly unbelievable, these people are quite bold. Locked until 2026? How long do I have to wait, oh my goodness. Online influencers and artists selling cryptocurrencies really can't be distinguished; each one is packaged to look quite glamorous.

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SorryRugPulled

· 2025-12-15 10:05

Wait, what are these people doing? Even influencers dare to get involved in virtual asset scams? That's outrageous. If this case drags on until 2026, how long will the victims have to wait... Heartbreaking. JPEX's move has directly screwed over the entire industry. Liang Qixiang is also involved? Oh my god, fans should wake up. A bunch of celebrities engaging in fraud—it's really something. Just seeing these names makes me annoyed; scamming money under the guise of virtual assets is the most disgusting. Conspiracy to commit fraud is definite; there's no escaping this time. Another virtual asset platform has crashed; everyone really needs to learn a lesson. Eight people working together to scam money—this level of coordination is truly exceptional. Waiting for the results in 2026, probably another long story.

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RunWhenCut

· 2025-12-15 10:01

Dragging on until 2026? How long does it take? It feels like this case could be turned into a drama. --- Celebrities, internet influencers, and content creators have all fallen here. Who still dares to touch virtual assets? --- Is it just these few people taking the blame? What about the subsequent funding chain? --- Re-trial in two years? By then, the lilies will have withered. Can the victims wait? --- JPEX really caused a mess and involved so many public figures. --- Here's the question: how will the bail be set? Will it be another washout? --- The trial is only in 2026. What should the leeks do now? Are they completely wiped out? --- Most of these cases end with small players going in, while the big shots have already run away. --- Promised a future for virtual assets, but it all turned out to be scams. Truly unbelievable. --- Influencers still dare to deceive people under the banner of earning from virtual assets. Their courage is impressive.

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RektHunter

· 2025-12-15 10:00

Damn, another celebrity getting caught up in the trap, and this time they got themselves involved. Serves them right.

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GasFeeBarbecue

· 2025-12-15 09:45

March 2026? This kid has to wait three years for the verdict, that's ridiculous. Who will have the funds during this period?

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SigmaBrain

· 2025-12-15 09:42

Wait, pushed back again to 2026? If it keeps dragging on like this, when will the truth finally come out? It feels never-ending.