By Bitcoin.com 3 June 2024 | 8:23 am

Hong Kong Police Warn of Spike in Counterfeit Banknotes Used in Cryptocurrency Scams

Bank of Israel Launches Digital Shekel ChallengeHong Kong police have issued a warning over the rise in counterfeit banknotes, with many cases linked to cryptocurrency scams. Between January and April, authorities seized 3,396 fake notes valued at HK$2.55 million (US$326,130), a significant increase from last year’s 553 notes worth HK$166,220. Three major cryptocurrency-related fraud cases led to the confiscation of 1,693 […]