Regulators warn that crypto investment fraud remains a significant risk for investors. The National Crime Agency has highlighted cases where schemes promise high returns but operate as scams. Victims can suffer substantial financial losses when schemes collapse or funds are diverted.
Fraudsters often rely on pressure tactics to push new accounts on crypto exchanges and urge rapid investment decisions. Reputable platforms emphasize due diligence, clear disclosures, and regulator-advised safeguards to reduce exposure to fraud.
To protect yourself, question guaranteed profits, verify licensing with regulatory bodies, and exercise caution with unsolicited offers. If you suspect fraud, pause, verify the source, and report to the relevant authorities.
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