In a significant development in the JPEX fraud case, Hong Kong prosecutors have been granted an extension to prepare their case files, pushing the proceedings into next year. According to the official information, this decision was made during a hearing at the Eastern Magistrates' Court on Monday.
Court Hearing Scheduled
The court has scheduled the next hearing for March 16, where a group of social media influencers will face allegations of promoting JPEX.
Allegations Against Influencers
These influencers are accused of serving as the public representatives for JPEX's over-the-counter cryptocurrency trading operations, which have come under scrutiny amid fraud allegations.
Prosecutors Granted Additional Time
The adjournment allows prosecutors additional time to organize their evidence and build a stronger case against the accused.
In contrast to the ongoing JPEX fraud case, Do Kwon faces a challenging legal situation as he may encounter a second trial in South Korea following his recent sentencing in the U.S. For more details, see further information.
