A supposed Bitcoin (BTC) millionaire has been arrested in Hong Kong when “making it rain cash” on the streets, native English-language news outlet the Shanghaiist according on Dec. 17.
On Sunday, swathes of 100-Hong Kong dollar bills were thrown off a roof in Sham Shui Po, one among the poorest Hong Kong neighborhoods. Wong Ching-kit, an area cryptocurrency enthusiast, purported Bitcoin millionaire, and entrepreneur who owns the Epoch Cryptocurrency web site, is reportedly believed to be answerable for the stunt.
In a video posted on Epoch’s Facebook page, he's seen asking “does anyone believe that cash will fall from the sky?” before money starts falling from a high building behind him.
The description of the video details a contest wherein participants will allegedly win massive money prizes. In another video Ching-kit reportedly describes himself within a luxury car as some kind of “god” that “steals from the wealthy and provides to the poor.”
According to Shanghaiist, the person was after arrested by native police, reportedly before activity another publicity stunt. Shanghaiist reports that he was detained for “disorderly conduct in a public place” whereas live-streaming with a stack of money in his hand.
Leo Weese, a member of the native crypto community, tweeted that Ching-kit isn't a Bitcoin millionaire however is instead “running a pyramid-like scheme.” The police reportedly claim to have only recovered 6,000 port dollars ($767) whereas “a well-liked Twitter post claims, unreasonably, that ‘100’s of millions of HKD’ was dropped from the rooftop.”
In May 2018, organizers of a blockchain conference in China were subjected to harsh criticism when they organized a performance together with a Mao Zedong deceiver. an actor wearing a gray Mao suit gave a speech within the style of the Chairman, wish success to the audience in an accent from Mao’s birth province of Hunan, declaring:
“You are warrant being known as the great sons and daughters of the Chinese nation, and i thank you in the name of Mao Zedong.”
The organizers reportedly broke a law prohibiting the employment of the image of any past or gift leader in promotional activities and tv advertisements.
Earlier that same month, a Ukrainian initial coin offering (ICO) publicity stunt on Mt. Everest resulted within the death of a Sherpa. Social network ASKfm sponsored “crypto enthusiasts” to climb Mt. Everest and place a Ledger wallet holding 500,000 in ASKfm tokens at the height. The Sherpa died throughout the descent.
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