Cryptocurrency Fraud Costs Britons 2 Million Pounds in Two Months
Cryptovest
Published Aug 10, 2018 02:02PM ET
Updated Aug 10, 2018 03:20PM ET
Cryptocurrency Fraud Costs Britons 2 Million Pounds in Two Months
Britons have lost more than 2 million British pounds ($2.55 million) in only two months due to cryptocurrency related criminal activities, the UK national police project Action Fraud said on Friday. Fraudsters used mainly social media channels to advertise their ‘quick investment’ Ponzi schemes the June and July data showed.
UK police revealed that the average loss was roughly 11,000 British pounds (around $13,000). Fake mining or trading offerings were the most popular ways of stealing money.
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