Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Mainland Man Detained in Hong Kong on May 14 After Crypto Loss of About $70,000 USD

GateNews
Enforcement Actions

According to Hong Kong media outlet Hong Kong Eastweek, cited by ChainCatcher, a 34-year-old mainland man was detained on May 14 around 12:30 p.m. in Central after trading losses of approximately 500,000 Chinese yuan on a cryptocurrency platform. Authorities intercepted him at a fast-food restaurant on Des Voeux Road after he posted about suicidal thoughts on social media. Police found a lighter and suspected gasoline on him and arrested him on suspicion of “possession of any article with intent to destroy or damage property.” He remains under investigation.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

1h ago
Ningbo Customs Seizes 400+ Mining Machines in Smuggling Operation on May 17
12h ago
Cryptocurrency Markets See $466 Million in Liquidations Over Past 24 Hours, Long Positions Hit Hardest
05-16 03:16
Mainland Man Loses 500,000 Yuan in Cryptocurrency Investment, Intercepted by Hong Kong Authorities on May 14
05-15 13:46
Ethereum Trader Faces Liquidation Risk With Position Just $9 Away, $2.71M Loss in Over a Month
05-15 11:45
Hong Kong First CRS Criminal Conviction: Private Banker Faces 6-Month Prison, 500K HKD Fine
In-Depth Analysis

Dogecoin Price Climbs as Futures Volume Hits Four-Day Surge

Crypto News Land11h ago

Bit Digital Posts $146M Q1 Loss as Ethereum Treasury Tops 155,000 ETH

Coinpedia19h ago

Banco Topazio commits violations in crypto transactions worth $1.7 billion; Brazil’s central bank imposes a two-year ban

Market Whisper05-15 03:13
Comment
0/400
No comments