Hong Kong Police uncover details of Crypto Scam

– Another Crypto Scam uncovered by Hong Kong Police – Fraudsters managed to dupe 170 victims of about $11 million Hong Kong dollars (US$1.4 million). – The victims were mainly from Hong Kong, Taiwan, and Mainland China. Nineteen persons have been arrested in Hong Kong and charged for duping 170 people in Hong Kong, China, Taiwan, and the U.K. Of late, the Decentralized Finance sector, once thought to be scam-free with top-notch security, is proving wrong. The incidence of cryptocurrency fraud is rising, and hacks have hit numerous exchanges in the past few days. Nineteen people have been arrested in…