Bitcoin playboy who ‘made it rain’ accused of HK$3M fraud
You might remember Wong Ching-Kit, the self-styled Bitcoin ‘millionaire’ behind last month’s outlandish publicity stunt, which saw thousands of dollars rain from the sky in one of Hong Kong‘s poorest neighbourhoods. Well, four angry blockchain speculators have accused Wong of cheating them out of HK$3 million ($380K), after purchasing his special (and ultimately worthless) cryptocurrency mining machines, reports South China Morning Post. The equipment was supposedly tailored specifically for Wong’s new cryptocurrency and were sold with promises the rigs would return a profit within three months. Unfortunately, such a premise only holds weight if the cryptocurrency mined by the machines is…
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