Consumers in the United Kingdom lost at least £27 million (~$33.29 million) to scams involving cryptocurrencies like bitcoin, reveals the country’s watchdog. The Financial Conduct Authority (FCA) said the amount of crypto- and foreign-exchange related crimes have increased by 74 percent this year. The authority added that it now has 87 inquiries compared to 50...The post UK Consumers Lost $33.29M to Bitcoin Scams: FCA appeared first on NewsBTC.
