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2019-07-24 06:04:46

UK’s Financial Conduct Authority hit by email Bitcoin fraud

In a recent discovery, the UK’s regulatory body of the financial services industry, the Financial Conduct Authority (FCA) gets hit by an email Bitcoin fraud seeking to earn quick bucks through Bitcoin’s rising popularity. The Bitcoin scam was heavily publicized by the Twitter users when they received dubious emails from the alleged British financial markets regulator. The email recipients instantly forewarned the FCA authorities upon seeing the impersonation of the Bank of England Prudential Regulation Authority logo and contents endorsing Bitcoin “as a guaranteed return”. The email claims that Bitcoin is about to make history in 2020 by exceeding its record