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2018-11-17 21:30:36

UK Regulator Warns of Fraudulent Crypto Website Posing As Established UK Investment Firm

The UK’s financial regulator, the Financial Conduct Authority (FCA), recently warned consumers about the false claims made by digital asset trading platform, GMT Crypto. According to the FCA, GMT Crypto is a “clone company” as it is trying to use fake documents that appear to show that it’s authorized by the regulator to offer crypto-related services.The FCA’s warning noted that the exchange is trying “to scam people in the UK.”