Influencer Joseph Lam granted bail in HK$1.6 billion JPEX crypto fraud case

A Hong Kong court has granted bail to influencer Joseph Lam and 13 others in the alleged HK$1.6 billion scandal surrounding cryptocurrency trading platform JPEX, the city’s largest crypto fraud case to date.

Hong Kong influencer Joseph Lam (centre) leaves the Eastern Magistrates' Court after facing criminal charges in connection with cryptocurrency platform JPEX on November 6, 2025. Photo: Kyle Lam/HKFP.Hong Kong influencer Joseph Lam (centre) leaves the Eastern Magistrates' Court after facing criminal charges in connection with cryptocurrency platform JPEX on November 6, 2025. Photo: Kyle Lam/HKFP.
Hong Kong influencer Joseph Lam (centre) leaves the Eastern Magistrates’ Court after facing criminal charges in connection with cryptocurrency platform JPEX on November 6, 2025. Photo: Kyle Lam/HKFP.

Lam is the most well-known figure among the group of eight people, including social media influencers and an ex-actor, who appeared in the Eastern Magistrate’s Court on Thursday under police custody.

The group faces a raft of charges, including conspiracy to defraud, fraudulently or recklessly…

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