Hong Kong investment commentator sued for misleading users into investing in crypto mining

Hong Kong investment commentator sued for misleading users into investing in crypto mining

Hong Kong-based stock market commentator Raymond Yuen has been sued for misleading online users into investing in crypto mining, CCN reported. Yuen promised lucrative profits to investors who invested in crypto mining services, and also lured investors to sign an agreement, suggesting that their investment would be recovered within 10 months. However, investors' returns decreased every month. The investors who filed the complaint complained about the lack of transparency in the contract and the profit share, which they claimed was far less than they expected.

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