Hong Kong polis warn say AI crypto scam dey: $1.24M don tayn via USDT/ETH plus romance cons

Hong Kong polis tok say two people don loss about HK$9.7 million (US$1.24 million) for separate crypto scams, wey show how serious dis wave of “AI crypto scam” be. For the first case, one woman get message for Telegram from person wey claim be “investment expert.” Dem use AI-driven/quantitative trading language and promise “guaranteed profits” to carry her go fake website. She send USDT and ETH in 17 transfers, later dem block withdrawals with different excuses. For the second case, one woman wey dey over 50 come get romance messages for Instagram and dem manipulate her. The scammer later push one “guaranteed return” crypto investment plan and ask for HK$40,000 handling fee. She change cash to USDT for shop many times before she transfer am to scammer wallet. After the transfers, the scammer disappear. Police report say dem get 80+ similar online investment fraud cases within one week, losses pass HK$80 million. For traders, na mainly market trust and sentiment risk, especially concerning USDT/ETH transfers. Actionable advice: treat any “AI trading” promise as red flag, verify websites and withdrawal policies before you send funds, and use official due-diligence channels.
Neutral
Dis news no go likely move di direct price of USDT or ETH for long term, so di immediate price impact suppose small. But if dem dey report AI crypto scams and withdrawals wey dem block many times, e fit make small traders no wan speculate again, make dem dey cautious about USDT/ETH deposits, and make people dey watch custody/withdrawal integrity for short term. For long run, if fraud enforcement or public warnings make fewer retail inflows enter risky products, e fit smallly reduce trading activity and liquidity sentiment. Di net effect na more about behavior and trust than actual demand for USDT/ETH, so overall impact neutral.