Bitcoin24h $83,878.47-0.71%

Ethereum24h $2,691.20-4.46%

BNB24h $856.14-1.08%

XRP24h $1.73-4.16%

Solana24h $116.91-0.44%

TRON24h $0.2937-0.25%

Dogecoin24h $0.1154-1.16%

Cardano24h $0.3204-3.96%

Bitcoin Cash24h $551.43-0.45%

Hyperliquid24h $30.35-1.51%

Hong Kong investment manager loses $1.5M inheritance in crypto scam

A Hong Kong investment manager turned to the police after losing $1.5 million of his father’s inheritance in a pig butchering crypto scam.

Justin Sun strengthens ties to Tether and Hong Kong

Sun has an interest in cleaning up Huobi’s reputation after the collapse of the exchange’s $1 HUSD stablecoin.

Hackers have also masqueraded as the Indian Embassy of Oman and a Spanish pop singer to lend weight to XRP-related scams.

Kyle Davies was sent a subpoena via Twitter in January but instead of replying has spent his time promoting a new crypto exchange called GTX.

Multiple reports have placed Kwon in Serbia but the country’s extradition laws and agreements could make getting him back to Korea tricky.