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1Official Trump (TRUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move2AAVE To Rally Higher? Key Pattern Signals Potential Upside Move3Stellar XLM Flashes Mini Golden Cross. Bulls Eye $0.50 for Takeoff

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Flash
- 10:52Mainland Cryptocurrency Scams Spread to Hong Kong, Over 100 Hong Kong Residents Defrauded with Total Losses of Approximately HK$3.2 MillionAccording to ChainCatcher, citing a report from Caixin, a mainland virtual currency investment scam has spread to Hong Kong, with at least 118 people falling victim and total losses amounting to approximately HKD 3.2 million. On July 16, Hong Kong police revealed that on July 15, they arrested four local residents on charges of "conspiracy to defraud." These individuals are suspected of organizing promotional dinners for the mainland virtual currency scam, recruiting victims and collecting fraudulent funds totaling HKD 3.89 million. Except for a small amount that was withdrawn, about HKD 3.2 million has yet to be recovered. Yuen Ho-ting, Chief Inspector of the Second Team of the New Territories North Regional Crime Unit, stated that since the end of June 2025, police have received reports from citizens suspecting they had fallen into cryptocurrency investment scams, with victims ranging in age from 33 to 80. Police investigations found that since early 2025, several victims attended investment promotional dinners at a restaurant in Tai Po under the name "DGCX Xinkangjia." The Hong Kong police confirmed that DGCX Xinkangjia was a fraudulent trading platform, and the victims' funds were never actually invested. Some of the money was used to maintain platform operations, while another portion is believed to have been used to pay withdrawals to other victims. Industry lawyers noted that since DGCX Xinkangjia settled transactions in the stablecoin USDT, this has created significant challenges for the investigation, fund recovery, and the protection of victims' rights.
- 10:18Data: Over 300,000 ETH Withdrawn from Exchanges in the Past Two WeeksOdaily Planet Daily News According to data disclosed by on-chain analyst Ali, over 300,000 ETH have been withdrawn from exchanges in the past two weeks.
- 10:02Hong Kong Police: Over 100 Hong Kong Residents Defrauded in "DGCX Xinkangjia" Scam, Four ArrestedAccording to a report by Jinse Finance, Hong Kong police have revealed that they have arrested four local residents on charges of "conspiracy to defraud." The suspects are accused of organizing promotional dinners for the "DGCX Xinkangjia" cryptocurrency scam, recruiting victims, and collecting fraudulent funds totaling HK$3.89 million. Except for a small amount that was withdrawn, approximately HK$3.2 million has yet to be recovered. Police investigations confirmed that DGCX Xinkangjia was a fake trading platform, with at least 118 victims in Hong Kong. The victims' funds were never invested in any real assets; some of the money was used to maintain platform operations, while other portions are believed to have been used to pay withdrawals to other victims. Industry lawyers noted that since DGCX Xinkangjia settled transactions using the stablecoin USDT, this has created significant challenges for the investigation, fund recovery, and victims' rights protection.