Three individuals arrested within three days for defrauding a 77-year-old woman in a fake stablecoin scheme, with further arrests and recovery of stolen funds expected.
Hong Kong police arrested three suspects within three days for defrauding a 77-year-old woman of HK$3 million in a fake safe stablecoin scam. The woman was misled during a transaction at a cryptocurrency exchange. Authorities are continuing their investigation into other suspects and recovering the stolen funds.