According to reports from the Hong Kong 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 HKD. In the first 10 months of this year, there were over 2,100 cases, with losses exceeding 3.1 billion HKD. Among the related cases, the single highest loss amount was approximately 1.6 billion HKD. Election Committee Legislative Council member Wu Jizhuang said that in addition to strengthening regulation and public education, citizens must also increase their understanding of cryptocurrency, understand investment risks, avoid being greedy for small gains, choose licensed trading platforms for investments, and act within their means.