According to reports from Sing Tao Daily, two investors stated that after attending an online seminar by influencer Lin Zuo last year, they believed JPEX was a licensed and trustworthy platform for investing in Tether. Later, the two discovered that assets in their accounts had been transferred without authorization. In mid-year, they filed a claim in the district court against JPEX's Hong Kong and Macau registered companies and related parties, seeking to recover 247,000 Tether or 1.85 million Hong Kong dollars. The judge accepted that cryptocurrency is considered property, and the plaintiffs' case was strong, ruling that there was a trust relationship between the parties. The second defendant, as a trustee, violated their responsibilities by transferring the plaintiffs' cryptocurrency from their accounts without authorization.