JPEX is known in Hong Kong for its promotional relationship with famous actor Julian Cheung Chi-lam. However, the relationship ended when Hong Kong’s SFC added JPEX to its alert list and Cheung’s team demanded that the platform be licensed in Hong Kong before continuing to use his image, according to media reports.

https://www.theblock.co/post/251358/jpex-ex...iquidity-crisis

to be fair, he himself might have invested a lot and lost a lot of money

then it's up to the police to investigate

until then its innocent until proven guilty

celebrities lend their faces to promote stuffs all the time

most of the time, there is nothing against the law even if the product is fraud or defective