$1,400,000 Scam: Hong Kong Police Arrest Four Counterfeiters, Including a 14-Year-Old, Who Were Duping Crypto Investors

The guys posed as well-known crypto investors and offered victims to exchange cryptocurrency for cash at a rate below the market rate.

Always stay vigilant when dealing with cryptocurrency exchanges to avoid falling victim to scams like this one. Remember, if an offer sounds too good to be true, it probably is. Stay informed and protect your investments.