Renowned Crypto Influencer Embroiled in "Donation Fraudgate," Accused of Faking Hong Kong Fire Donation Receipt, Sparking Public Outcry

By: blockbeats|2025/12/02 19:00:01
0
Share
copy

A serious fire at Wang Fuk House in Tai Po, Hong Kong, has caused hundreds of casualties and property damage. Charitable organizations such as Yan Chai Hospital promptly set up an emergency relief fund to support the affected residents. The cryptocurrency industry has also seen many companies and individuals providing assistance, including industry giants like Binance and Matrixport donating millions of Hong Kong dollars. However, on December 1, a prominent figure in the cryptocurrency community, known as KOL @Elizabethofyou, found herself embroiled in a "Donation Fraud" scandal when the community noticed that the proof of her HK$200,000 donation appeared to be photoshopped.

A "Expose the Fraud" Movement Triggered by a Screenshot

On December 1, Elizabeth, a cryptocurrency influencer with 130,000 followers, posted a tweet on the social media platform X (formerly Twitter), stating that she had donated HK$200,000 to Yan Chai Hospital to support the victims of the Tai Po fire. The tweet included a screenshot of the transaction confirmation and a caption urging others to "show kindness in the face of disaster." The act of kindness quickly garnered over 600,000 views and 1500 likes, initially being seen as a demonstration of positive energy in the industry.

Renowned Crypto Influencer Embroiled in

However, public opinion took a sharp turn within hours. Several members of the crypto community on the Twitter platform, such as @CryptoNyaRu and @abyssofgambling, analyzed the screenshot and pointed out multiple suspicious elements:

1. Irregular Font: The number "2" in the amount "200,000" in the screenshot had a noticeably thinner font, inconsistent with the font style of the "Annual Donation Hotline" number below.

2. Misalignment: The amount line and the text below could not be aligned, showing a significant discrepancy in pixel height typical of image editing software (such as Photoshop) manipulation.

The suspicions quickly escalated, turning the likes into dislikes. The community believed that if this was indeed a fraud, using a significant tragedy to deceive people's compassion was incredibly heinous, and they hoped Elizabeth could provide evidence to prove the authenticity of her donation.

Response from the Involved Party and Escalation of Public Opinion

Faced with overwhelming doubts, Elizabeth released a response video on the evening of the 1st. In the video, she insisted that she had "donated with a clear conscience" and stated that this would be her final response. She then displayed another screenshot as evidence.

This screenshot is different from the first one. The phone number is different, and the video demonstration is of a static webpage without dynamic refreshing. Additionally, netizens believe that the evidence she provided is not convincing as there is no bank transaction record or an official receipt from Renji Hospital.

After releasing a response, Elizabeth ignored numerous requests for self-verification in the comments and continued to post commercial ad tweets. This handling of the situation further enraged the public.

According to the Hong Kong Theft Ordinance, if misleading the public through false statements to gain benefits (including advertising collaboration opportunities due to traffic, brand image enhancement, etc.), it may constitute "fraud" or "obtaining property by deception." Upon conviction for such offenses, the maximum penalty can be 10 to 14 years of imprisonment. Netizens have started reaching out to donation organizations for verification and believe that if the fraudulent donation is confirmed, there should be legal consequences. Some Key Opinion Leaders (KOLs) have also compared donation verification evidence for authenticity. As of now, there has been no latest response from donation organizations regarding Elizabeth.

Historical Warning: The Cost of Celebrity "Donation Fraud"

Using charity for false publicity is not uncommon in the history of public figures.

One of the most famous cases is international actress Zhang Ziyi. During the 2008 Wenchuan earthquake, Zhang Ziyi claimed to donate 1 million RMB. However, in 2010, netizens discovered that the actual amount received was only 840,000 RMB, and the whereabouts of the millions of dollars she claimed to have raised in Cannes were unknown.

After the incident broke out, Zhang Ziyi's public image plummeted, facing an unprecedented crisis of trust. Eventually, her agent apologized for "management negligence," made up the shortfall, and hired an auditing firm to audit and disclose the foundation's accounts. Despite taking remedial measures, the "donation fraud" label followed her for many years.

In 2015, well-known actress Yang Mi promised to donate typewriters and white canes to a special education school in Chengdu while promoting the movie "I Am a Witness." However, it wasn't until 2018 that the school stated they never received the supplies.

Yang Mi's studio explained that it was due to the negligence of an "intermediary" that the donation was not fulfilled, and they promptly donated the supplies and publicly apologized. Although it was not legally classified as fraud, the incident was characterized by the public as "hypocritical," greatly undermining her integrity as a public figure.

-- Price

--

You may also like

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)

Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.

The Rise of Composable RWA

27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.

MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?

MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.

RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?

RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com