Internet reports that a trust institution was involved in a US$500 million fraud case. Cryptocurrency tycoon Sun Yuchen believes that it is a problem in Hong Kong's system. Chen Chun-ying, a member of the financial sector of the Legislative Council of Hong Kong, explained that trusts in the mainland mainly invest in wealth management products or conduct financial management through banks. However, trust companies in Hong Kong assist customers in handling entrusted assets. If business involving MPF is involved, it will be managed by the MPFA. If insurance is involved, it will be managed by the Insurance Regulatory Bureau, and investments will be managed by the Securities and Futures Commission. If it is a company entrusted to a trust company for management, this means that none of the four major regulatory agencies have the right to manage, and investors are called on to carefully investigate the company's background.