The Hong Kong internet celebrity known as "Master Zhu," involved in the JPEX case, has been charged with three additional counts of money laundering, ...
TL;DR
Hong Kong internet celebrity 'Master Zhu' faces three new money laundering charges in the JPEX fraud case, involving over HK$18.8 million in transactions from 2020 to 2023. He has been granted bail as the investigation continues.
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On January 2, according to a report by Hong Kong's Wen Wei Po, JPEX, an unlicensed virtual asset trading platform, was exposed in 2023 for suspected fraud. Several celebrities and internet personalities were implicated in the fraud, luring investors into losing their assets. According to the latest disclosure from Wen Wei Po, internet celebrity "Master Zhu" Zhu Jiahui has been granted bail after being charged with three additional counts of money laundering. It is understood that between November 25, 2020, and August 30, 2023, he handled four transactions totaling over HK$18.8 million through his accounts at ZA Bank, Mox Bank, Li & Fung Bank, and Wealth Bank.