TechFlow reports, on December 24, according to Hong Kong's Wen Wei Po, the Hong Kong police disclosed that they received over 3,400 cases related to cryptocurrency last year, with losses exceeding HK$4.3 billion. In the first ten months of this year, there have been more than 2,100 cases, with losses surpassing HK$3.1 billion.
Among these cases, the single largest loss amounted to approximately HK$1.6 billion. Legislative Council member and Election Committee member Ng Kit-kwong stated that apart from enhancing regulation and public education, the public should also increase their understanding of cryptocurrencies, recognize investment risks, avoid seeking small gains, choose licensed trading platforms when investing, and invest within their financial means.
