2023-09-22 10:35:02
Hong Kong’s top Internet celebrity Lam Zuo, who was arrested for his involvement in the fraud scandal of the cryptocurrency exchange JPEX and was later released on bail pending investigation, held a press conference today to explain the latest progress, saying that his OTC store “Lin Zuo Coin Speculation” has made an appointment to open. The lease will be terminated and the business will be terminated following 2 weeks. Since the case is under investigation, we will not make any public or private comments or responses to the case, but we will try our best to assist law enforcement agencies.
(Previous summary: 8 people arrested in JPEX Hong Kong have been released on bail. Lin Zuo and Chen Yi’s respective flash mobs, and suspects related to Mr. Bi were also arrested)
(Background supplement: JPEX incident for lazy people” Securities Regulatory Commission warning, asset transfer, card withdrawal, booth clearing, headcount company… (immediate update))
The fraud scandal involving the cryptocurrency exchange JPEX continues to spread. As of the 20th, the Hong Kong police had received reports from 2,086 victims, involving an amount of approximately HK$1.3 billion. On the 19th, the Hong Kong police arrested 8 suspects including Internet celebrity Lin Zuo. These suspects He was released on bail pending further investigation in the evening of the same day and must report to the police in mid-October.
Lin Zuo was accompanied by his lawyer and his girlfriend Yumi at 3 pm today.holdAt the press conference, he explained the latest progress, saying that following leaving the police station on the 19th, he was not charged for the time being and was granted bail. He had hired a senior lawyer and the legal opinion he obtained was that since the matter was already under investigation, there would be no further investigation related to the case. information and make any comments or responses to the case publicly or privately.
Earlier this year, Lin rented an office in an entertainment store in Central for HK$260,000 per month and established an OTC store “Lin’s Coin Speculation”. It officially opened on September 9 this year with an area of more than 2,900 square feet. However, Lin said at the press conference It stated that the office had terminated its lease the day before yesterday and emphasized that all cryptocurrency business has been terminated.
Source: Hong Kong 01
According to Hong Kong Economic Dailyreportsince Lin Zuo signed a 2-year lease with the Central office, only 5 months have passed since April this year when the signing was signed. If you cancel the lease early, you may need to compensate the rent for the remaining 19 months of the lease, which is calculated as a monthly rent. 260,000, and the total rent will be close to HK$5 million.
Says it will assist those affected
Lin Zuo mentioned that although he was very distressed, just like the famous saying of his idol and former British Prime Minister Churchill, he was a positive optimist. He also had many things he wanted to do and help, but because the case was under investigation, he might not do it for the time being. He would still do it in the future. Innocent Body will assist affected persons as permitted by law:
In the future, I will try my best to assist relevant law enforcement agencies to bring the matter to light. What can best help the victims now is to hope that the matter will be resolved as soon as possible and the people behind the scenes will be brought to justice as soon as possible.
At the press conference, Lin Zuo mentioned that he cooperated with the police investigation and requirements, and everything was normal while at the police station, but he did not respond to details. He also shared his experience in the past year, saying that he had just resigned from the insurance company he was obsessed with in June this year. Now, 3 months later, something happened once more. During this period, I also had retinal surgery and had 4 wisdom teeth removed. But no matter what happens, we should face it positively.
Lin Zuo also said that virtual assets are developing very fast, and I believe there will be many opinions in the future. This is an area of rapid legal development.
claimed to be a victim
Previously, following the JPEX incident, Lin Zuo issued an urgent statement to clarify that he was not a so-called JPEX partner. However, his statement was questioned because his OTC store “Lin Zuo Coin Speculation” was revealed to have a close relationship with JPEX. Depositing funds through JPEX will provide you with additional exclusive offers.
And following cooperating with JPEX, Lin Zuo has continued to say that he has made huge profits, making more money than doing insurance. He even announced on social platforms in July that he had applied to become a “JPEX partner” and his relationship with JPEX was still To be tested.
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