The UK FCA has been ordered to recover £851,400, intended to be returned to victims of a cryptocurrency scam

Sep 28, 2026 22:42:56

According to The Block, the UK's Financial Conduct Authority (FCA) has obtained a court order requiring two individuals involved in a fraudulent cryptocurrency investment scheme to jointly repay £851,402, with plans to return the funds to the victims.

At least 65 investors have collectively lost £1.54 million, and the amount being recovered is approximately half of that.

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