Hong Kong police flag $3.3 million romance scam involving fake crypto app
The Block·

60-second summary
Hong Kong police are investigating a romance scam involving a fake crypto app that lured an insurance agent into a $3.3 million investment loss. The scammer posed as a wealthy individual, building a relationship with the victim before convincing them to invest in the fake crypto platform, highlighting the ongoing threat of crypto-related romance scams.
Hong Kong police reported that an insurance agent lost more than $3.3 million after being lured into a fake crypto investment scheme.