According to a report by Hong Kong media, the Hong Kong police stated that last year they received over 3,400 cases related to cryptocurrency, with losses exceeding 4.3 billion HKD. In the first 10 months of this year, there have been more than 2,100 cases, with losses exceeding 3.1 billion HKD. Among the related cases, the highest single loss amount is approximately 1.6 billion HKD. Election Committee member and Legislative Council member Wu Jizhuang said that in addition to strengthening regulation and public education, the public also needs to better understand cryptocurrency, recognize investment risks, avoid being lured by small gains, choose licensed trading platforms when investing, and act within their means.