“Crypto Experts” Used Social Engineering to Drain Victim’s Savings

[chainsniff]

Hong Kong police have warned about a rising pattern of scams after a retiree was repeatedly targeted by individuals claiming to be crypto professionals. The fraudsters used familiar tactics like guaranteed returns, insider information, and urgent opportunities to build trust and manipulate decisions.

Authorities emphasize that legitimate investment professionals do not cold message individuals or promise risk-free profits. This case shows how social engineering—not hacking—remains one of the most dangerous tools used by scammers in the crypto space.

[etfs]

love how scammers don’t even need to hack anymore, just message you and wait