Mars Finance News: On April 3rd, according to Hong Kong media "Sing Tao Daily", a trust institution is involved in a $500 million fraud case, and Justin Sun believes this is a systemic issue in Hong Kong. Wu Jiazhuang, chairman of the Legislative Council's Web3 and Virtual Asset Development Committee, stated that Hong Kong is actively attracting foreign investment, including mainland capital. However, many foreign friends have a very shallow understanding of Hong Kong's system, with many misunderstandings. He believes this is an issue that must be addressed and expects the incident to have international impact. The authorities must quickly review different regulatory systems to respond to society. Wu Jiazhuang noted that due to the lack of custody regulatory systems, Web3 companies use trust companies to help third-party asset custody. While properly doing this is not a problem, he is concerned that bad actors might exploit this loophole, potentially undermining confidence in Hong Kong as a financial center. He suggests that authorities should conduct more promotional education and examine potential optimization opportunities.