Renowned Crypto Influencer Embroiled in "Donation Fraudgate," Accused of Faking Hong Kong Fire Donation Receipt, Sparking Public Outcry
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.
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.
You may also like

How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist

Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX
Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.
WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!
Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.

Yu Weiwen: Steady Development of Hong Kong's Compliant Stablecoin Ecosystem

After TACO Ceasefire, Iran War is Just on Pause

The 17-Year Mystery Will Be Solved, Who is Satoshi Nakamoto?

5 Minutes to Make AI Your Second Brain

Uniswap is trapped in an innovation dilemma

What is the key to competition in crypto banking?

The flow of stablecoins and the spillover effects in the foreign exchange market

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis
Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026
Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Can You Win Joker Returns Without Large Trading Volume? 5 Mistakes New Players Make In WEEX Joker Returns Season 2
Can small traders win WEEX Joker Returns 2026 without huge volume? Yes—if you avoid these 5 costly mistakes. Learn how to maximize card draws, use Jokers wisely, and turn small deposits into 15,000 USDT rewards.

Altcoin Season 2026: 4 Stages to Profit (Before the Crowd FOMO In)
Altcoin Season 2026 is starting — discover the 4 key stages of capital rotation (from ETH to PEPE) and how to position before the peak. Learn which tokens will lead each phase and avoid missing the rally.
How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist
Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX
Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.
WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!
Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.
