Use crypto ATMs and you risk losing your money, warns City watchdog
The Financial Conduct Authority has been visiting and inspecting locations across the UK suspected of hosting unregistered crypto ATMs.
Source: dailymail.co.uk
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People using unregistered crypto ATMs risk losing their money, FCA warns
The regulator said it often sees no effective channels of communication for people to get in touch with the operators of machines.
Source: enfieldindependent.co.uk
UK watchdog shuts more illegal cryptocurrency 'machines'
Britain's Financial Conduct Authority said on Tuesday it has stopped 26 machines across the country for illegally offering cryptocurrencies, warning consumers they could lose all of their money. A member of the public paid in a thousand pounds into a crypto ATM in Sheffield, northern England, in an attempt to buy cryptocurrencies, but no cryptocurrency or funds were returned, the FCA said. The watchdog, in a coordinated operation with other law enforcement agencies, inspected 34 locations suspected of hosting crypto ATMs since the start of this year and "disrupted" 26 machines...
Source: yahoo.com
People using unregistered crypto ATMs risk losing their money, FCA warns
The regulator said it often sees no effective channels of communication for people to get in touch with the operators of machines.
Source: lbc.co.uk
People using unregistered crypto ATMs risk losing their money, FCA warns
The regulator said it often sees no effective channels of communication for people to get in touch with the operators of machines.
Source: thewestonmercury.co.uk