A significant cryptocurrency fraud has shaken Hong Kong, leading to the arrest of three individuals. The suspects are accused of deceiving a businessman out of HK$3.11 million, approximately $399,000, with counterfeit banknotes. The police raid resulted in the seizure of nearly 11,000 fake HK$1,000 banknotes. A startling crypto fraud incident in Hong Kong culminated in The post Crypto Scam Unveiled: Hong Kong Businessman Defrauded of $399,000 in Tether’s USDT appeared first on COINOTAG NEWS .