Hong Kong woman, 60, loses HK$21.5M to fake crypto investment site
- —Losses total about HK$21.5 million (roughly $2.75 million)
- —Transfers were made between April 14 and September 22, 2025
- —Scammers demanded a "deposit" claiming the account was not used for laundering
- —Case assigned to the Shui Mei Po police district crime unit; no arrests yet
Why it matters: Another large-scale crypto investment scam highlights the risks of unregulated platforms and adds reputational pressure on the broader market.
Source: TokenPost