Financial losses from cryptocurrency-related scams doubled to more than HK$1.7bil (US$216.6mil) in Hong Kong last year, as the number of victims tricked into funnelling digital assets to online swindlers jumped 67%.
Latest police figures showed the scams accounted for more than half of the HK$3.2bil conned out of city residents, as well as some victims living abroad, in nearly 23,000 reports of technology crimes last year.
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