CoinVoice has recently learned that, according to a report from Hong Kong media Wen Wei Po, the Hong Kong police stated that they received more than 3,400 cases related to cryptocurrency last year, with losses exceeding 4.3 billion HKD. In the first 10 months of this year, there have been over 2,100 cases, with losses exceeding 3.1 billion HKD.

Among these related cases, the single highest loss amount is approximately 1.6 billion HKD. Election Committee Legislative Council member Ng Kit Cheung said that besides strengthening regulation and public education, citizens also need to better understand cryptocurrency, recognize investment risks, avoid being greedy for small gains, choose licensed trading platforms when investing, and act within their means. [Original link]