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Hounax Scandal: Hong Kong Police Probe $15 Million Crypto Fraud, Investors In Turmoil

November 27, 2023

Hounax Scandal: Hong Kong Police Probe $15 Million Crypto Fraud, Investors In Turmoil

Hong Kong’s police are actively investigating an alleged crypto fraud involving more than HK$115 million (~$15 million) in investments. Alleged victims are in turmoil, as personal funds have been lost in a complex web of financial deception.