Crypto firm shut down for scamming investors
It promised victims returns of up to 200%
It promised victims returns of up to 200%
As HNWs in APAC region admit they are keen on investing in digital assets
It claimed that its tokens were regulated and approved in the country
She tried to sell digital assets on social media without disclosing she was being paid by the provider
Bitcoin is the most favoured digital coin among the industry
Watchdog says adverts ‘trivialised investment in cryptoassets by omitting appropriate and prominent risk warnings’
Four of the defendants were last known to be living in Russia, Georgia and Indonesia
Those looking to outsmart inflation might want to consider avoiding this ‘portfolio kryptonite’
FCA reiterates the assets are unregulated and there are ‘no consumer protections’
ESG and crypto feature strongly among risk-seeking rich investors in the region
‘We’re concerned that people might be enticed into investing money they can’t afford to lose’
In a bid to give investors access to the emerging asset class