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Fears grow that Fun Coffee crypto scam duped over 1,000 as losses mount

A Hong Kong lawmaker has warned that an unfolding crypto scam run by a coffee investment venture based in Vietnam could involve more than 1,000 victims, as an investor reported losses of HK$14 million (US$1.73 million) across her team. The warning came as police said that total reported losses tied to the syndicate operating as Fun Coffee have climbed to HK$104 million, with 225 complaints…

Fears grow that Fun Coffee crypto scam duped over 1,000 as losses mount

We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.

Read the original at scmp.com →

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