Eight people, including Lin Zuo, were charged with conspiracy to defraud in the JPEX fraud case. Their case will be heard again on June 1st.

According to Odaily Odaily, police have charged 16 people in connection with the JPEX virtual asset trading platform's alleged fraud case. Among them, eight individuals, including internet celebrities Lin Zuo and Chen Yi, were heard again yesterday (16th) at the Eastern Magistrates' Courts. Magistrate Gao Weixiong adjourned the case to June 1st for further proceedings. Except for the first defendant, Zheng Junxi, who is involved in other cases and remains in custody, the other defendants were granted continued bail. The eight defendants include five men and three women: artist Zheng Junxi, internet celebrity Lin Zuo, internet celebrity Chen Yingyi (Chen Yi), internet celebrity "Xiangxiang" Liang Qixiang, Coingaroo's COO Au Cheuk-kei, and general managers Zhao Jingxian, Xiao Yingqian, and He Jiwen. They are charged with conspiracy to defraud, fraud, fraudulently or recklessly inducing others to invest in virtual assets, and money laundering. (Hong Kong 01)