Isn’t it exciting when we hear/read someone is throwing money from the sky? But a 25-year-old boy given suspended jail sentence due to his public stunt of throwing HK $100 bills from the roof of a building in Hong Kong’s most impoverished district.
Crypto-Promoter Given Suspended Jail Sentence
Wong Ching-Kit is also known as “Coin Young Master” – he did this public stunt back in December 2018, but the latest news states that Won Ching-Kit has suspended for two years for committing a nuisance in a public place.
However, this stunt was an act to promote one of his crypto businesses – in fact, reports state that the boy has been accused of fraud by few enthusiasts who states that, he sold so-called “special crypt mining machines” which in reality are just worthless.
This report was shared by famous media South China Morning Post (SCMP) on July 19, citing;
Wong Ching-kit, 25, better known as “Coin Young Master”, admitted to assisting his company’s promotion of a new cryptocurrency in Sham Shui Po on a busy Saturday afternoon last December, and pleaded guilty to one count of nuisances committed in a public place.
According to the videos that surfaced on social media earlier, it was revealed that crowds on the street immediately flocked to gather the notes/HK bills and while others gathered to capture the moment of “rain money.”
Nevertheless, as per the reports, it was at-least HK$6000 that seen raining from the top of a building in Kowloon district. During that time, there were two videos found on wong’s social media, one showing “money from the sky,” and another video where Wong appeared and asked people to support his business but quietly denied he was anywhere involved in the “rain-money” incident. Moreover, the video caption had also claimed that;
“In the future, there will be money falling from the skies across different parts of Hong Kong.”
Although Wong’s lawyer requested fines rather than a jail sentence, but according to the Magistrate Leung Siu-Ling, penalties are unsuitable; she said;
His promotional stunt was not ideal as the situation could easily have turned ugly when there were up to 300 people on site.
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