Last year, an extraordinary online shopping scam occurred in Hong Kong that was truly terrifying. A person was in a Telegram crypto trading group, where someone claiming to be Bittwatt's customer service sent a DM. The standard Telegram scammer tactic - asking for a verification code. And that was their trap.



When the person provided the code, these Telegram scammers completely emptied their crypto wallet. Not just some money - 3.7 million Hong Kong dollars. Hong Kong police say that in 2025, there were 12,505 reports of such online shopping scams, an 8.2% increase from the previous year. These kinds of Telegram scammer activities are now truly organized.

The police are warning - only communicate with customer service through official channels, do not share any codes, and avoid suspicious links. If you're involved in crypto, you must be truly vigilant about such scams.
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