FCA fraud findings: a reminder of the danger of crypto

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By Ross Lancaster
23 May 2019

The UK Financial Conduct Authority’s announcement this week that UK retail investors have lost £27m to FX and crypto scams will have won little more than passing attention from heavyweight capital markets players.

Those earning their livings at financial institutions would, one hopes, be among the least likely candidates to fall for the kind of scam highlighted by the FCA this week. Get rich quick social media fraudsters have robbed members of the UK public of £27m through 2018/19. While that ...

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