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Crypto crime on the rise in Hong Kong

News Snapshot:

TL;DR Breakdown – Crypto crime rises in Hong Kong. – Covid-19 to blame for the rise in crime, Hong Kong police says. – Stakeholder describes UK as paradise of crypto scam. Hong Kong police have sounded the alarm on the rate of crypto crime which has been on the rise ever since the global lockdown the entire world suffered during the dreaded COVID-19 pandemic. The level of crypto crime the police detected since 2021 then has surged astronomically to heights never seen before. According to law enforcement, over $27 million was lost to crypto crime. One victim lost almost $16…

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