Christmas came a little early for those in a Hong Kong neighbourhood yesterday. A man dressed in a black hoodie started tossing thousands of HK $100 bills from a rooftop, sending a crowd of onlookers into a state of mass hysteria.

Some bystanders remarked that millions could’ve been thrown in the air, but as of yesterday, police at the scene has only collected $5,000.

A video on a social media site captured the man as he was flinging the cash shouting, “Today, December 15, is FCC’s big day in announcing the trading race. I hope everyone here will pay attention to this important event …[I] don’t know whether any of you will believe money can fall from the sky”.

The man was identified as Wong Ching-kit, owner of Facebook page Epoch Cryptocurrency. The page promotes various cryptocurrencies and miners. Online, he goes by the moniker “Coin Young Master”. He also fancies himself as a bit of a Robin Hood, claiming he was “robbing the rich to help the poor”.

Wong has given media interviews under various different names, shilling ICOs and miners, including a HK$27,500 computer he claimed could be used for cryptocurrency mining.

He initially made his fortune during the crypto bull run late last year.

More updates to come.