FCA issues warning as Forex and Crypto fraud reports triple

Today, the FCA has announced warned of the rise of fraudulent online trading platforms after the reported number of crypto and forex exchange scams more than tripled in the last financial year. It also found that the total losses from these scams amounted to £27 million.   Kevin Murcko, CEO at crypto exchange CoinMetro, commented:   Criminals follow the money, and this report from the FCA shows they are taking advantage of consumers’ lack of understanding about crypto assets. If you’ve heard about Bitcoin on the news but don’t know…

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Fake Bitcoin news or not 50 Cent?

Recently it was reported that Curtis Jackson, aka 50 Cent, discovered that from his 2014 album, “Animal Ambition,” he banked 700 bitcoins in payment, an amount that was worth between $7 million and $8 million during the boom of December 2017.       But now The Blast celebrity news site, citing court documents from his bankruptcy case, reports that rapper Curtis Jackson “never owned, and does not own, a bitcoin account or any bitcoins, and to the best of his knowledge, none of his companies had a bitcoin account…

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