Hong Kong‘s losses from crypto scams have doubled from last year $217 millionreached.
Hong Kongcrypto-related scams in 2022 It was reported that more than 50 percent of the $407 million was stolen in technology crimes in 2018. Some countries around the world have suffered greater financial losses due to cryptocurrency scams, despite the huge bear market in 2022.
Losses Reach $216.6 Billion
Losses from crypto scams in the country last year, according to Hong Kong police. 1.7 billion Hong Kong dollars($216.6 million) compared to the previous year. 106 percent increased. According to the news of the South China Morning Post, the number of crypto-related scams reported in Hong Kong in 2022, 2021recorded by the police 1,397compared to the case 67 percentincreasing 2.336reached the case.
According to official data on the Hong Kong police’s CyberDefender website, crypto-related Hong Kong scams are the total amount stolen from city residents in tech crimes. HKD 3.2 billion($407 million) 50 percent created more than Crypto scams that took place in the previous four years 3 billion HKDhad reached.
SCMP According to their sources, police have witnessed an increase in the use of cryptocurrencies as a tool for online fraud, as scammers can hide their identity, transaction flow and final destination. Police departments said that the use of crypto in online crimes makes the tracking of crime funds more complicated.
Hong Kong has recently taken a decision to regulate the buying and selling of cryptocurrencies. 1 June 2023He announced that he would be released from
