Seven, including influencer Joseph Lam Chok, were allowed to remain on their existing bail conditions on Monday after a court adjourned the JPEX cryptocurrency trading platform fraud case to June 1 for committal proceedings.
The group was among eight defendants who face charges of conspiracy to defraud, money laundering, and fraudulently or recklessly inducing others to invest in virtual assets, with alleged losses totaling about HK$110 million.
The case was mentioned at the Eastern Magistrates’ Courts on Monday afternoon, where Magistrate Ko Wai-hung adjourned the matter for committal proceedings on June 1.
Cheng Chun-hei did not apply for bail and remains remanded in custody, while the remaining seven defendants were allowed to continue on their existing bail conditions.
The defendants are Cheng Chun-hei, 31, Siu Wing-him, 28, Joseph Lam Chok, 35, Chan Wing-yee, 38, shop assistant Au Cheuk-kei, 31, fitness coach Chiu King-yin, 25, Leung Yee-sheung, 31, and Ho Kei-man, 28.
