UK watchdog says currency and crypto scams hit £27m

By

Number of scams triples in 12 months.

UK watchdog says currency and crypto scams hit £27m
Scams in Britain involving currencies and crypto assets like bitcoin totalled £27 million in the last financial year, with average losses of £14,600 per victim, the Financial Conduct Authority (FCA) said on Tuesday. Reports of scams more than tripled in the year that ended in April ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Travel eSIMs secretly route traffic over Chinese and undisclosed networks: study

Travel eSIMs secretly route traffic over Chinese and undisclosed networks: study

Greater Western Water's billing system data issues laid bare

Greater Western Water's billing system data issues laid bare

Accenture to buy Australian cyber security firm CyberCX

Accenture to buy Australian cyber security firm CyberCX

TPG Telecom reveals iiNet order management system breached

TPG Telecom reveals iiNet order management system breached

Log In

  |  Forgot your password?