According to China Daily, the Eastern District Court in Hong Kong will hear the JPEX cryptocurrency fraud case on December 15, with the prosecution applying for and being granted an adjournment of the case until March 16 to organize the case files; among the 8 defendants, 7 continue to be released on the original conditions, while 1 has not applied for bail and remains in custody. The police stated that this case is one of the largest virtual asset fraud cases in Hong Kong to date, with over 2,700 victims reporting and involving over 1.6 billion Hong Kong dollars.