Man, I just saw a scam case on Telegram that’s really shocking. Over in Hong Kong, the police reported more than 12,000 online shopping fraud cases in 2025, and the worst part? The biggest loss was actually with cryptocurrencies, about 3.7 million Hong Kong dollars. The victim joined a crypto transaction group on Telegram, then received a private message from someone pretending to be support from an exchange, asking for a verification code. Result: the scammers gained access to the wallet and took everything.

What scares me even more is that scams on Telegram are becoming increasingly sophisticated. Seriously, before making any crypto transfer, always verify if it’s really the official support. Don’t click on strange links, don’t share verification codes with anyone, no matter how legitimate it seems. These scams on Telegram exploit people’s trust in investment groups.

The police there warned: only communicate with support through official channels, double-check everything before transferring. It seems obvious, but apparently it’s not for everyone. Have you ever fallen for a scam like this or know someone who has?