Britain’s Financial Conduct Authority (FCA) 6 months in a statement made today cryptocurrency More than 300 lawsuits have been filed against his businesses, he said.
In addition to these lawsuits, the FCA crypto businesses He stated that there are currently 50 investigations, including criminal investigations, against
The cases in question fraud Stating that it was opened after receiving thousands of complaints about the FCAmade the following statements in his statement:
“Between April and September last year, the FCA received 16,400 complaints about possible fraud, about a third more than the same period in 2020.
Among the fraud complaints reported to the FCA, crypto-asset scams are the most notable.
In this context, more than 300 lawsuits have been filed against potential cryptocurrency businesses that are not registered with the FCA, many of which may be fraudulent. There are also 50 investigations, including criminal investigations against unauthorized businesses.”
FCA: “Be Careful, Do Your Research Well!”
Sarah Pritchard, FCA’s director of Markets, urged consumers to be cautious, noting that scams have increased dramatically:
“Consumers need to have confidence when making investment decisions, and the data we released today shows how common fraud can be.
Before investing, check who you are actually dealing with, check if they are authorized by the FCA, and do your research to understand the risks that may arise.”
Finally, 33 currently registered with the FCA cryptocurrency FCA, stating that there is a company, announced that as of March 2, they approved the temporary registration of 22 crypto money companies.