Hong Kong police disclose the “AI quantitative guaranteed profit” virtual currency scam, victims lose HKD 7.7 million

HKD 7.7 million, less than one million USD, but it was 17 transfers—one cut after another.
“AI quantitative trading” “stable high yields”—putting these words together is basically the same as “come and send me money.”
The ingenuity of the scam has never been in technical sophistication, but in controlling the pace:
First stage: Fish farming.
On Telegram, they proactively reach out, recommending “AI algorithms” to help you trade. A few small initial deposits give you a little taste of sweetness, making you believe the system is real.
Second stage: Building “trust.”
They repeatedly emphasize professional terms like “quantitative,” “algorithm,” and “hedging,” making you feel like you’ve encountered professionals. Before the victims fully trust it, they transfer 17 times—this is not impulsiveness, but the process of “slowly boiling you in warm water.”
Third stage: Harvesting.
The moment your withdrawal is rejected is when you realize you’ve been talking to a script from start to finish.
Hong Kong police summed it up well—“high returns, low risk, low entry barriers” make up an impossible triangle.
This triangle is a well-known trap in the crypto world; if anyone tells you all three are possible at the same time, you should understand they’re lying—only they haven’t been caught yet.
HKD 7.7 million: for scammers, it’s “testing the waters”; for victims, it could be their entire life savings.
The so-called “AI quantitative guaranteed profit” translates to:
Artificial Intelligence, Actually Invisible. Artificial intelligence, in fact, is an invisible scam.
$ZRO ‌