May 13, 2025

Crypto Fraud Dismantled: Hong Kong Cops Bust $1.4 Million Syndicate

1 min read

Four people have been arrested by Hong Kong police; among them is a shocking discovery of a 14-year-old lad reportedly defrauding gullible victims with fake cash. With total losses of HK$11 million (US$1.4 million), this arrest represents a major turning point in an ongoing enquiry that has seen 14 individuals arrested since October last year,

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Source: Bitcoinist

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