Crypto is lead sector for financial scam alerts in the UK: FCA

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Crypto is lead sector for financial scam alerts in the UK: FCA
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Crypto dwarfed other financial sectors in scam reports last year, according to a new report from the UK's financial regulator. There were 8,568 suspected

Cryptocurrency leads the board with products alerted as potential scam between April 2021 and March 2022 in the UK, the national regulator shows in its annual review report.

Crypto dwarfed other financial sectors in scam reports last year, according to a new report from the UK's financial regulator. That figure leads the board, more than doubling the runner-up scamming category of pension transfer to a new scheme.

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