Hong Kong police disclose the "AI Quantitative Guaranteed Profit" cryptocurrency scam, with victims losing 7.7 million Hong Kong dollars

By: rootdata|2026/04/19 08:06:05

The Hong Kong police disclosed a fraud case that lured investors into cryptocurrency with the gimmick of "AI quantitative trading," in which a woman was scammed out of approximately 7.7 million Hong Kong dollars. The fraudster impersonated an "investment expert" and proactively contacted the victim through Telegram, claiming to use "quantitative trading" and "AI algorithms" to achieve stable high returns. The victim transferred USDT and ETH worth about 7.7 million Hong Kong dollars from her electronic wallet to a designated address 17 times, only to realize she had been scammed when her withdrawal attempts were rejected.

The Hong Kong police remind the public that while cryptocurrencies have high return potential, they also come with high volatility and high risks. The so-called "AI trading" and "quantitative guaranteed profits" are often bait for scams. The public should be wary of the "impossible triangle" trap of high returns, low risks, and low thresholds.

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