The footage was beamed out to television viewers across Hong Kong early last week: a young man dressed in a black polo shirt, navy blazer and gray trousers being led out by police from an office tower in the Central business district in handcuffs in front of waiting photographers.
Joseph Lam, the Oxford-educated barrister-turned-social media influencer who’s amassed some 150,000 Instagram followers, was among the at least 11 people arrested as part of a sweeping investigation into JPEX, the unlicensed crypto platform Hong Kong police allege defrauded investors of HK$1.5 billion ($192 million).
