Why? Is this image in fact a png file with the wrong file name ending and no one ever realized it until now? The image has been used in a Latex document since 2022 at least.
Is the LaTeX image reader so flexible to try reading a jpg file with the png decoder as well, if jpg fails? - unlikely
Or is the Typst jpg image reader so sensitive to fail reading the jpg file if there is some special content? - also unlikely - And if the file pretends to be png, the reader is more flexible trying to read it as jpg, which then works - highly unlikely.
I suspect the first possibility: This file is actually a png file with the wrong extension.
I will have a look using a hex editor…
Interesting fact is that neither the Windows Explorer preview, Image viewer, BeyondCompare, nor LaTeX even throws a warning that there is something wrong.
This could be a robustness increase to Typst, if you should ever run out of tickets