A Moment of Shock! Offline Currency Exchange in Hong Kong, Millions in Cash Gone Forever!
Recently, media reports revealed a shocking offline cryptocurrency exchange scam that erupted in Hong Kong.
On April 17, Mr. Luo, on his boss's orders, took 1 million Hong Kong dollars in cash to a seemingly ordinary small shop in Kwun Tong to exchange for USDT. During the transaction, he carefully recorded the serial numbers of the bills and filmed a video just in case. Unexpectedly, the other party forcibly snatched the cash away while the transfer was still incomplete!
What is even more outrageous is that after calling the police, the involved personnel not only had an arrogant attitude but also publicly stated: "We are not afraid of law enforcement!" They ultimately left in plain sight. Investigations show that there are currently over 200 unlicensed cryptocurrency exchange shops in Hong Kong, which can operate with just simple business registration, lacking financial regulation and fund security, hiding massive money laundering and fraud risks behind the scenes.
Some legislators have urgently called for citizens to avoid patronizing these unlicensed OTC shops and to choose compliant and regulated channels for asset operations, while urging the government to legislate as soon as possible to regulate the cryptocurrency trading market to prevent more innocent victims from suffering.
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bears the spiritual imprint of "justice, freedom, and fearlessness,"
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