Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express

HONG KONGRomance scams in Hong Kong net $9M in a single weekAn insurance agent in Hong Kong was fleeced out of $3.3 million after her fake online boyfriend convinced her to invest in a fraudulent crypto application. There were 25 similar romance-linked fraud cases reported to Hong Kong police between July 24 and July 30, which collectively defrauded lonely hearts of $9 million.Scammers typically connect with victims through dating or messaging apps and sometimes spend months building a rapport before dropping the idea of investing in crypto. They direct victims to a site that appears to be a legitimate trading application. It displays fake profits to encourage victims to invest more and more funds. Victims typically realize they have been scammed when they are unable to withdraw funds. Hong Kong news in brief— Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Chase to open a client money account, its parent company said.— A Vietnam-linked scheme called Fun Coffee that promised annual returns of up to 222% has imploded in Hong Kong. Authorities say it was a virtual currency scam. MALAYSIAMalaysia withdraws support for Blockchain Week after O...