According to the investigation, the Hong Kong cryptocurrency exchange JPEX was involved in a scandal last year. The investigation revealed that Taiwanese singer Lingjiu became the spokesperson for JPEX in Taiwan after receiving 320, Tether coins (equivalent to 10 million New Taiwan dollars) as compensation from a Kong businessman named “Justin.” However, Chen Lingjiu is suspected of being one the accomplices in JPEX’s illegal fundraising activities in Taiwan. Recently, the investigation has sent a letter to Taipei District Prosecutors Office accusing him of aggravated fraud and violation banking laws. It will be up to the prosecutors’ office to decide whether or not to prosecute him.
Fearful Involvement in Aggravated Fraud Singer Chen Ling Jiu Endorses JPEX Scam Receives Ten Million Taiwan Dollars