Hong Kong police received a report of an ETH investment fraud case, with victims losing up to 26.2 million Hong Kong dollars.

According to Mars Finance, Hong Kong media East Net reported that the Hong Kong police received a report from a 75-year-old local man, stating that he had earlier received a call from someone claiming to be a Virtual Money investment expert, persuading the victim to invest in Virtual Money ETH with high returns. The victim followed the instructions and, between July 11 and September 9, transferred a total of approximately 26.2 million HKD worth of Virtual Money into 6 accounts in 19 transactions. The Hong Kong police stated that the case has been classified as obtaining property by deception and is being followed up by the 9th team of the Wan Chai District Criminal Investigation Unit, with no arrests made yet.

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