The Hong Kong Police Pressure mentioned it acquired 1,503 on-line funding rip-off complaints over the primary 10 months of 2022, 70% of which had been associated to cryptocurrencies, public broadcaster RTHK reported on Tuesday, citing a police press launch.
See associated article: How crypto crime is costing Hong Kong billions?
Quick details
-
Among the many 1,503 on-line funding scams reported over the interval, 1,035 had been associated to cryptocurrencies, which took up 69% of the full. A single sufferer misplaced as a lot as HK$15 million in a cryptocurrency rip-off, based on the police.
-
The Hong Kong police reminded residents that customer support brokers at cryptocurrency exchanges don’t ask shoppers to switch cash to personal financial institution accounts.
-
Hong Kong has been repositioning itself as a global digital asset hub by searching for to ease cryptocurrency investing restrictions on the retail sector and drafting regulations for licensed crypto exchanges.
-
In September 2022, Hong Kong Police launched an anti-scam utility service, Scameter, the place customers can seek for info equivalent to names and cellphone numbers associated to suspicious calls and messages.
-
In December 2022, policed arrested two top executives at a Hong-Kong-based defunct crypto exchange, AAX, on suspected involvement with a cryptocurrency fraud.
See associated article: Hong Kong financial service providers gear up for retail crypto traders
Source link
