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Hong Kong Investors Lost $50M From Crypto Scams in 2022 (Report) – CryptoNews

News Snapshot:

Cryptocurrency scams have reportedly been one of the most common cyber offenses in Hong Kong during the first half of 2022, and 25% involved digital assets. The concerning number of such fraudulent schemes could be explained by the growing interest in cryptocurrencies displayed by many Hong Kong residents. A recent research classified the state as the most crypto-ready nation across the globe. 105% More Crypto Scams Than in H1 2021 According to a South China Morning Post coverage, there have been 10,613 cyber attacks in Hong Kong between the beginning of January and the end of June this year. 798…

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