Hong Kong people who invested with a venture describing itself as a bitcoin platform are concerned their money may be gone, according to Leung Yiu Chung, a lawmaker who has taken up their case.
About 30 people plan to file complaints with the police after finding they can no longer reach staff at Mycoin.hk, Leung said by phone Feb. 9. Mycoin.hk describes itself on its website as a global bitcointrading platform and application service provider. Calls to phone numbers on Mycoin.hks website werent answered.
Investors were offered high returns and chances for prizes, Leung said, citing an example of an 81-year-old woman who said the company owes her HK$1.18 million ($152,000). When attracting investors, Mycoin.hk said that about 3,000 people in Hong Kong had put in an average of HK$1 million each, the lawmaker said.