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Topic: Hong Kong's 'Young Coin Master' Is Accused of HK$3 Million Fraud (Read 168 times)

legendary
Activity: 3416
Merit: 1225
The problem with mining investments is that you don't know for sure that they are going to give you what they mine. Also, you don't know if you are actually renting anything at all unless you can have live video feeds of the mining machines in action with your details attached to it

Actually, you can buy a script that automatically allocates hashes for users, depending on the mining has rates plan that they've purchased and they don't have to run mining rigs for this , it's like more of an hyip or ponzi scheme, unless they show actual videos and they are being monitored
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
The problem with mining investments is that you don't know for sure that they are going to give you what they mine. Also, you don't know if you are actually renting anything at all unless you can have live video feeds of the mining machines in action with your details attached to it
newbie
Activity: 60
Merit: 0
Wong Ching-Kit has received attention again, this time for his ‘mining machines’ that investors have lost HK$3 million by investing in. The investors claim they have been tricked into investing in the mining machines, losing HK$3 million.

https://all-stocks.net/young-coin-master-angers-hong-kong-investors-accused-of-hk3-million-fraud/
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