Coin World reports that the virtual asset trading platform JPEX is suspected of fraud, with police prosecuting 16 people to date. Among them, a case involving 8 people including online celebrities Lin Zuo and Chen Yi was remanded on (16) at the Eastern Magistrates' Court. Magistrate Kao Wei-hung adjourned the case to June 1 for a further hearing procedure. During this period, except for the first defendant Cheng Chun-hei involved in another case who must remain remanded, all other defendants are granted continued bail. The 8 defendants consist of 5 males and 3 females, namely artist Cheng Chun-hei, online celebrity Lin Zuo, online celebrity Chan Ying-yi (Chen Yi), online celebrity "Xiangxiang" Leung Yi-cheung, Coingaroo (Coingaroo) operations director Au Cheuk-ki and general manager Zhao Jingxian, Siu Ying-him, and He Ji-man. They are charged with conspiracy to defraud, fraud, fraudulent or reckless inducement of others to invest in virtual assets, and money laundering. (Hong Kong 01)