Hong Kong police disclose the "AI quantitative guaranteed profit" virtual currency scam, victims lost 7.7 million HKD

7.7 million HKD, less than one million USD, but it involved 17 transfers, each one gradually draining the victim.
"AI quantitative trading" "stable high returns" — these words together are basically equivalent to "come and give me money."
The brilliance of the scam never lies in technical complexity, but in rhythm control:
First stage: Fish farming.
Proactively contacted on Telegram, recommending "AI algorithms" to help you trade.
A few small initial trades to test the waters, giving a little sweet taste to make you believe the system is real.
Second stage: Building "trust".
Repeatedly emphasizing professional terms like "quantitative," "algorithm," "hedging," making you feel you are dealing with a professional.
Before fully trusting, victims make 17 transfers — this is not impulsive, but a "slow boiling" process.
Third stage: Harvesting.
When withdrawal is refused, only then do they realize they have been talking to a script from start to finish.
Hong Kong police summarized it well — "high return, low risk, low barrier" form an impossible triangle.
This triangle is a well-known trap in the crypto world, and anyone claiming to have all three should be understood as lying, just not caught yet.
7.7 million HKD, for scammers, is "testing the waters"; for victims, it could be their entire savings.
The so-called "AI quantitative guaranteed profit" translates to:
Artificial Intelligence, Actually Invisible.
L'intelligence artificielle, en réalité, est une arnaque invisible.