On the afternoon of December 15, a Hong Kong police spokesperson said he had received a report that someone was spreading money on Fuk Wa Street, Sham Shui Po area and had sent police to the scene.
SCMP reporters discovered Hong Kong $100 bills (equivalent to $13), while police told residents not to pick them up. The police said they had seized about 5,000 Hong Kong dollars but that no one had been arrested.
A Facebook video shows a man in a T-shirt seemingly making a statement: Today, December 15, is a big day for the FCC when it starts the trading race. I hope everyone pays attention to this important event. I don't know if any of you believe that money can fall from the sky."
After the man stopped talking, the camera turned to show the scene of money thrown from the roof.
Police said they are trying to determine the man's location. This person is said to own the Facebook page Epoch (FCC-Epoch Cryptocurrency).
According to SCMP, this person said his name was Wong Ching-kit, admitting to being behind the act of spreading money, even saying that he robbed from the rich to give to the poor.
When asked why he did so, Wong paused for a moment to think and said, Dont blame me, I dont know why money could fall from the sky.
This man answered media interviews under many different nicknames, promoting investment products, including a computer worth 27,500 Hong Kong dollars that he claimed could be used to dig virtual currency.
SCMP said that Wong owns a company called Coin Group, originally called Oscar Holding Group in 2017 but changed its name on July 3 this year.
Lawyer Albert Luk Wai-hung said that Wong violated the law by causing disorder in public places. The maximum penalty for this behavior is a fine of 5,000 Hong Kong dollars and 12 months in prison. Even those who pick up the money without reporting it to the police violate the law.