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[Hong Kong Police Respond to Starbridge Capital Gold Trading Liquidation Case, Case Temporarily Classified as Fraud] According to Caixin, Hong Kong police have responded to the abnormal liquidation case involving Starbridge Capital's gold trading. The case is temporarily classified as fraud, involving an amount of approximately HK$6.63 million, with no arrests made so far. As of 13:50 on August 24, around 180 people have filed reports with Hong Kong police. Starbridge Capital experienced extreme abnormal trading, leading to collective account liquidations, with some investors using the USDT stablecoin for deposits.

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