PANews reported on April 19 that, according to Hong Kong media outlet Hong Kong 01, Hong Kong police disclosed a fraud case involving a woman who was lured into investing in cryptocurrencies under the guise of "AI quantitative trading." The fraudsters impersonated "investment experts," proactively contacting the victim via Telegram and claiming they could achieve stable, high returns using "quantitative trading" and "AI algorithms." The victim transferred approximately HK$7.7 million worth of USDT and ETH from her e-wallet to a designated address on 17 separate occasions. She only realized she had been scammed when her attempts to withdraw the funds were refused.

Hong Kong police warn that while cryptocurrencies offer high potential returns, they also come with high volatility and high risk. Claims of "AI trading" and "quantitative investment for guaranteed profits" are often scams. The public should be wary of the "impossible triangle" trap of high returns, low risk, and low barriers to entry.