Criminal Investigation Department of the Oil Point Police District in Hong Kong launched the "Sovereign Fraud" operation from the 10th to the 19th of this month to crack down on fraud and money laundering cases, arresting a total of 54 people and solving 45 fraud cases involving approximately HK$194 million. It is reported that the highest loss on the Silk Road involved 72 million yuan, with one Irish foreigner being scammed by scammers to invest in virtual currency, transferring 72 million yuan to multiple designated bank accounts.