The UK Financial Conduct Authority (FCA) recently convicted two men involved in a £1.5 million crypto fraud, targeting 65 investors with promises of high returns. Instead of investing the funds, the duo misused them for personal expenses, violating UK financial regulations. This case underscores the FCA's proactive stance in protecting investors from crypto-related fraud amid the sector’s growing popularity. The conviction highlights the importance of due diligence for potential investors, as well as the FCA’s commitment to enforcing regulations to safeguard the public from financial crime in digital asset markets.
LIVE
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,973.00
▲ +0.30%
ETH
$1,918.69
▲ +0.40%
USDT
$0.99938
▲ +0.00%
BNB
$603.00
▲ +2.00%
USDC
$0.99963
▲ +0.00%
XRP
$1.04
▲ +2.40%
SOL
$75.97
▲ +3.60%
TRX
$0.328627
▲ +0.40%
FIGR_HELOC
$1.00
▲ +1.00%
HYPE
$54.84
▲ +0.80%
DOGE
$0.070872
▲ +1.70%
USDS
$0.999987
▲ +0.00%
RAIN
$0.012654
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$509.42
▼ -1.40%
ADA
$0.200374
▲ +1.30%
XMR
$383.06
▲ +3.60%
WBT
$56.22
▲ +0.30%
LINK
$8.32
▲ +1.50%
XLM
$0.165001
▲ +2.80%
DAI
$0.999753
▲ +0.00%
BCH
$216.41
▲ +0.80%
USD1
$0.999486
▲ +0.00%
USDE
$0.999552
▲ +0.00%
GRAM
$1.36
▲ +0.50%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,973.00
▲ +0.30%
ETH
$1,918.69
▲ +0.40%
USDT
$0.99938
▲ +0.00%
BNB
$603.00
▲ +2.00%
USDC
$0.99963
▲ +0.00%
XRP
$1.04
▲ +2.40%
SOL
$75.97
▲ +3.60%
TRX
$0.328627
▲ +0.40%
FIGR_HELOC
$1.00
▲ +1.00%
HYPE
$54.84
▲ +0.80%
DOGE
$0.070872
▲ +1.70%
USDS
$0.999987
▲ +0.00%
RAIN
$0.012654
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$509.42
▼ -1.40%
ADA
$0.200374
▲ +1.30%
XMR
$383.06
▲ +3.60%
WBT
$56.22
▲ +0.30%
LINK
$8.32
▲ +1.50%
XLM
$0.165001
▲ +2.80%
DAI
$0.999753
▲ +0.00%
BCH
$216.41
▲ +0.80%
USD1
$0.999486
▲ +0.00%
USDE
$0.999552
▲ +0.00%
GRAM
$1.36
▲ +0.50%
BTC
$64,973.00
▲ +0.30%
ETH
$1,918.69
▲ +0.40%
USDT
$0.99938
▲ +0.00%
BNB
$603.00
▲ +2.00%
USDC
$0.99963
▲ +0.00%
XRP
$1.04
▲ +2.40%
SOL
$75.97
▲ +3.60%
TRX
$0.328627
▲ +0.40%
FIGR_HELOC
$1.00
▲ +1.00%
HYPE
$54.84
▲ +0.80%
DOGE
$0.070872
▲ +1.70%
USDS
$0.999987
▲ +0.00%
RAIN
$0.012654
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$509.42
▼ -1.40%
ADA
$0.200374
▲ +1.30%
XMR
$383.06
▲ +3.60%
WBT
$56.22
▲ +0.30%
LINK
$8.32
▲ +1.50%
XLM
$0.165001
▲ +2.80%
DAI
$0.999753
▲ +0.00%
BCH
$216.41
▲ +0.80%
USD1
$0.999486
▲ +0.00%
USDE
$0.999552
▲ +0.00%
GRAM
$1.36
▲ +0.50%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,973.00
▲ +0.30%
ETH
$1,918.69
▲ +0.40%
USDT
$0.99938
▲ +0.00%
BNB
$603.00
▲ +2.00%
USDC
$0.99963
▲ +0.00%
XRP
$1.04
▲ +2.40%
SOL
$75.97
▲ +3.60%
TRX
$0.328627
▲ +0.40%
FIGR_HELOC
$1.00
▲ +1.00%
HYPE
$54.84
▲ +0.80%
DOGE
$0.070872
▲ +1.70%
USDS
$0.999987
▲ +0.00%
RAIN
$0.012654
▼ -0.50%
LEO
$9.71
▼ -0.50%
ZEC
$509.42
▼ -1.40%
ADA
$0.200374
▲ +1.30%
XMR
$383.06
▲ +3.60%
WBT
$56.22
▲ +0.30%
LINK
$8.32
▲ +1.50%
XLM
$0.165001
▲ +2.80%
DAI
$0.999753
▲ +0.00%
BCH
$216.41
▲ +0.80%
USD1
$0.999486
▲ +0.00%
USDE
$0.999552
▲ +0.00%
GRAM
$1.36
▲ +0.50%
