[Hong Kong police cracked down on a fraud group that opened a physical cryptocurrency exchange store, involving a total of HK$12 million in fraud] Golden Finance reported that according to HK01, the Western District Police District of Hong Kong has carried out a fraud crackdown operation codenamed "Sting Wind" in the past month, cracking 41 fraud cases of various types and arresting 53 people, involving HK$78 million, among which the "fake customer service" fraud case has soared. The police also found that a criminal group "invested" more than HK$100,000 in rent in Wan Chai to open a physical cryptocurrency exchange store, defrauding 3 people of a total of HK$5 million. After investigation, the police arrested 6 local men in the case, 4 of whom had triad backgrounds. All 6 are core members of the criminal group. In addition to a mastermind, there are also exchange store staff, members responsible for carrying cash and responding, "watching the water", and puppet account holders. The investigation also revealed that the same criminal group was involved in a similar scam as early as March this year. They were suspected of setting up a physical cryptocurrency exchange in Tsim Sha Tsui and defrauding six victims of a total of HK$7 million. The two cases in Wan Chai and Tsim Sha Tsui involved a total of HK$12 million in fraud.