Crypto

$3.3 Million Romance Scam Uncovered in Hong Kong: Fake Crypto App Used to Dupe Victims

Guavy AI Editorial Team Published August 3, 2026

Hong Kong police have flagged a $3.3 million romance scam involving a fake cryptocurrency app.

The scheme targeted victims via social media and messaging platforms, promising unusually high returns on investment in exchange for users' personal financial information and cryptocurrencies.

According to authorities, the scammers used a fictional app called 'CryptoMax,' which supposedly allowed users to buy and sell digital assets with ease.

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