Hong Kong court adjourns JPEX case: 7 of 8 defendants remain on bail
- —The JPEX case hearing was adjourned to December 14
- —7 of 8 defendants remained on bail, Cheng Chun-hei is in custody
- —Charges involve about HK$110 million
- —According to police, about 2,800 people were affected, with losses of HK$1.6 billion
Why it matters: The JPEX case remains Hong Kong's largest crypto fraud and increases pressure to regulate unlicensed platforms.
Source: TokenPost