UK: Crypto Scams Increased Three-Fold, Net Losses Decreased


Mohammad Musharraf


According to a report from the Financial Times, the number of crypto and forex scams had increased three-fold in the past financial year, increasing from 530 to 1,834 in 2018-19. The net loss associated with the frauds summed to $34 million. 81 Percent Scams are Related to Crypto The financial regulatory body of the UK,Read MoreRead More. The post by Mohammad Musharraf appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\

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