Research

🇬🇧 FCA lists cryptocurrency investment scams among the most commonly reported in 2018; urges extra vigilance to investors

Messari

Feb 7, 2019 ⋅  1 min read

The UK's Financial Conduct Authority (FCA) has issued an investor warning for cryptocurrencies at the behest of 2018 scam data. According to Action Fraud data, some $255.4 million was lost in crypto related frauds over the year in the UK. The FCA warning noted how investors are becoming increasingly technologically savvy in presenting their claims.

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