According to a report by Hong Kong media Wen Wei Po, the Hong Kong police stated that last year they received over 3,400 cases related to cryptocurrency, with losses exceeding 4.3 billion Hong Kong dollars. In the first 10 months of this year, there have been over 2,100 cases, with losses exceeding 3.1 billion Hong Kong dollars. Among these cases, the single highest loss amount is approximately 1.6 billion Hong Kong dollars. Election Committee member and Legislative Councilor Wu Jietzhuang said that in addition to strengthening regulation and public education, citizens also need to better understand cryptocurrency, be aware of investment risks, avoid being greedy for small gains, choose licensed trading platforms when investing, and act within their means.