Reflecting crypto craze, crypto-related scams spiral higher in the U.K.
SOPHIE MELLOR, 06 April 2021
As the value of virtual currencies spirals ever higher, so have the scams related to them.
According to new data from the U.K.’s fraud reporting service Action Fraud, scams involving cryptocurrency investment rose 57% across the U.K. in 2020, with a total of 5,581 reports made.
Investors lost a total of £113 million to crypto scammers in 2020, up from £76.6 million the previous year. Continue reading “Article: Reflecting crypto craze, crypto-related scams spiral higher in the U.K.”
