[Hong Kong Police: 12,505 Online Shopping Fraud Cases in 2025, Largest Case Involves Cryptocurrency Loss of Over HK$3.7 Million] The Hong Kong Police announced that a total of 12,505 online shopping fraud cases were reported in 2025, an 8.2% increase compared to 2024. The largest single loss involved cryptocurrency transactions, where the victim joined a Telegram cryptocurrency trading group and was privately messaged by a member impersonating Bittwatt (BWT) customer service to request a 'verification code.' This led to the virtual assets in the victim's cryptocurrency wallet being transferred out, resulting in a loss of over HK$3.7 million. The police remind the public to contact customer service through official channels when shopping online, verify information before making payments, and avoid clicking suspicious links.