A millionaire Bitcoin was arrested in Hong Kong after provoking mass hysteria throwing money off the roof of a building. Wong Ching-Kit is a known crypto supporter for spectacular promotional projects. On Saturday, he chose to throw a few thousand HK $ 100 banknotes from one block, causing agitation.
The initiative is part of a marketing campaign for a more or less legal investment project:
"Today, December 15, is the day the FCC announces the big trading deal. I hope everyone will pay attention to this important event. Believe me when I tell you that the money will fall from heaven. "
proclaimed Wong.
The video of the incident became viral, and the character was arrested in less than an hour. He tried to continue his promotion campaign by distributing vouchers for restaurants.
In a later press conference, the Chief Police Chief Inspector said Wong was arrested for inappropriate behavior in a public place.
The police also asked the public to return the discarded banknotes - of the $ 100,000, apparently recovered around 6,000.
Promotion of Ponzi schemes on the Internet
Wong frequently uses such promotional tricks for the crypto projects he supports. Using the "Coin Young Master" online nickname and Facebook page - Cryptocurrency Epoch, he regularly promotes a range of "virtual currency" investment schemes.
Wong seems to be among those who made fortune in Bitcoin at the end of 2017. He also said he feels a kind of "Robin Hood". He even hints at claiming during Saturday's stunt, saying he "robbed the rich to help the poor."
Unfortunately, Wong is not acting in the public interest. Leonhard Weese, president of Bitcoin Association in Hong Kong, says the millionaire has a history of promoting Ponzi schemes inside and outside the sphere of crypto.