Dec 17, · Speaking to CCN, Leonhard Weese, the president of the Bitcoin Association of Hong Kong, confirmed that Wong Ching Kit, a year-old man who was arrested almost immediately after causing a frenzy in a busy Hong Kong city, is not a Bitcoin millionaire and that the individual built wealth by operating a well-known ponzi scheme in the region. Aug 24, · Weeks after Jimmy Lai, the outspoken China critic and founder of Hong Kong tabloid Apple Daily, was arrested (and later released on bail) by authorities in Hong Kong—as part of the ongoing tussle over the controversial security law—his paper delivered a political statement involving Bitcoin. “Bitcoin will never ditch you,” said the full-page ad on the front page of Apple Daily. Dec 17, · Hong Kong: Bitcoin ‘millionaire’ throws money from rooftop, gets arrested A self-styled Robin Hood of cryptocurrency gets done by the sheriff! A .
Bitcoin millionaire hong kongBitcoin Millionaire Didn't Give $12M Away in Hong Kong - Coinage Report
Basically, the guy is a criminal, not any reputable Bitcoin investor. He was linked in to gold trading scams by local publications in which female brokers approached investors to put money in gold and then ran away with the cash. According to the information we have seen, the girls claimed to be investment consultants and had social media profiles full of deluxe cars and watches.
The scam was actually very successful as many investors did not even meet personally with the scammers and allowed them to open accounts and sign documents for them. Wong was involved in this scam and in many others across the years.
Won could almost be considered a professional scammer. He put so much money together during the last years by fooling people and taking their money.
He never actually invested in Bitcoin during his whole life and only in the last scam we cited he was actually talking about cryptos. There were also dozens of reports stating just how much of a scammer the man was, so it was really a big mix-up to have confused him with a proper Bitcoin investor. The Hong Kong media has covered so many of the scams that it is strange how people have forgotten about it and everybody was thinking that he was a Bitcoin investor.
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of E-mail is already registered on the site. Please use the Login form or enter another. You entered an incorrect username or password. Gabriel Machado.
Add a picture. Choose file. Add a quote. For some, Lai is the posterchild of the Hong Kong success story. Born to a middle-class family in nearby Guangzhou, he came to the city on a rundown boat aged 12, worked as a laborer in a clothing factory, and worked his way to founding international brand Giordano and then influential publication Apple Daily.
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News Coins. By Shaurya Malwa 2 min read. In brief A popular Hong Kong paper supported the use of Bitcoin after its founder was arrested. It said Bitcoin does not differentiate among users, taking an aim at local banks. For Hong Kong protestors, Bitcoin serves as a political statement. Load More.