Gate News message, April 13, Hong Kong police’s “Guard Net” social platform disclosed a cryptocurrency investment fraud case. A woman in her fifties was lured by a botched “lover” who approached her on Instagram. After the suspect quickly built a romantic relationship by pretending to care about her well-being, he claimed to be a “cryptocurrency investment expert,” and lured the victim into sending 40k yuan on the pretext of opening an investment account as a “fee.” The scammer then instructed the victim to carry cash to a physical exchange store to exchange USDT in 7 installments, and to transfer it to a designated account via an electronic wallet. After the funds arrived, the scammer immediately disappeared, and the victim’s total loss exceeded 2 million yuan. Police reminded people that when meeting online, you should be more vigilant; if the other party asks for a transfer for any reason, you should stop immediately and think calmly.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle CEO: Due to the “moral dilemma,” the Drift hacker incident, which was not frozen, resulted in the theft of USDC
Circle CEO Jeremy Allaire addressed criticism at a news conference regarding the previously unfrozen stolen USDC, emphasizing that the company will only freeze wallets under law enforcement instructions. In addition, he said Circle is in communication with U.S. lawmakers, hoping to establish a “safe harbor” mechanism for stablecoin issuers.
GateNews37m ago
Instagram crypto-romance scam: “investment experts” defrauded a woman in her fifty-something from NT$2 million (200萬)
Hong Kong police have recently disclosed an online dating scam in which the losses exceeded HK$2 million. The fraudster initiated contact on Instagram, built trust, and then lured the victim in the name of “cryptocurrency investment,” prompting them to exchange in seven installments for USDT and transfer the funds. Police reminded residents to recognize the hallmarks of scams and advised using anti-fraud tools, urging vigilance when engaging in online dating that involves any fund transfers.
MarketWhisper5h ago
Justin Sun Criticizes WLFI Token Over Transparency Concerns
Justin Sun has exposed that the World Liberty Finance project has backdoor functions in its smart contracts, allowing asset confiscation without notice. This violates decentralization principles, harming investor rights and undermining trust in the blockchain community.
BlockChainReporter5h ago
Ethereum Hyperbridge HandlerV1 contract was subjected to an MMR proof replay attack, resulting in a loss of approximately $242k
Hyperbridge HandlerV1 contract on Ethereum was hit by an MMR proof replay attack, resulting in a loss of about $242k. The attacker used the vulnerability to replay historical proofs to carry out privileged operations, and replay protection failed to effectively bind the request payload.
GateNews5h ago
Hyperbridge cross-chain bridge was attacked; the attacker minted 1 billion DOT tokens and dumped them.
Hyperbridge's cross-chain gateway contract was recently attacked. The attacker forged messages to tamper with the contract administrators' permissions, illegally minted 1 billion bridged DOT, and sold it all off—but due to insufficient liquidity, they ultimately made only about $237k in profit. This incident did not affect the security of Polkadot's native chain.
MarketWhisper6h ago
A woman in Hong Kong was targeted by a crypto “pig butchering” scam and lost more than HK$2 million
Hong Kong police announced that a woman in her 50s was the victim of a cryptocurrency scam, suffering losses of more than HK$2 million. The scammer built a relationship with her through Instagram, lured her into investing, and asked for multiple transfers before ultimately disappearing.
GateNews6h ago
