The JPEX fraud case was heard again, with bail extended for all eight defendants and the case adjourned to June.

PANews reported on March 21 that, according to hk01, there has been new progress in the JPEX fraud case involving the virtual asset trading platform, with police now indicting 16 people. Among them, the case involving eight individuals, including internet celebrities Lin Zuo and Chen Yi (real name Chen Yingyi), was heard again yesterday (March 16) at the Eastern Magistrates' Courts. Magistrate Gao Weixiong adjourned the case to June 1 for delivery proceedings. During this period, except for the first defendant, Zheng Junxi, who is involved in other cases and must be remanded in custody, the other seven defendants were granted continued bail.

It is reported that the eight defendants include five men and three women, specifically including entertainer Zheng Junxi, internet celebrity Lin Zuo, internet celebrity Chen Yingyi (stage name Chen Yi), internet celebrity "Xiangxiang" Liang Qixiang, as well as Coingaroo's COO Qu Zhuoji, General Manager Zhao Jingxian, Xiao Yingqian, and He Jiwen. They are charged with multiple counts including conspiracy to defraud, fraud, fraudulently or recklessly inducing others to invest in virtual assets, and money laundering.