According to reports, Hong Kong financial market regulation and virtual asset field lawyer Chen Tingqian stated that at present, JPEX Hong Kong users may face certain difficulties in civil claims. The current difficulty is that it is not known which legal entity of JPEX holds the customer's assets, nor is the registration location of that legal entity known.

Once JPEX goes bankrupt, the liquidation process will need to orderly distribute platform assets to creditors, and the type of user's creditor will largely depend on the terms between the platform and the user, as seen in the past liquidation process of the unlicensed virtual asset trading platform Gatecoin registered in Hong Kong.

As JPEX is not licensed in Hong Kong, if the terms do not clearly establish a trust relationship between the exchange and the user, the exchange's holding of user deposits is likely to be regarded as the exchange's assets in the liquidation process, which means that the user is an unsecured creditor and ranks fifth in the priority order of asset distribution during liquidation, after secured creditors, liquidation expenses, priority payments, and floating mortgagees.