PANews|Sep 28, 2026 14:42
[UK FCA Ordered to Recover £851,402, Plans to Return Funds to Crypto Scam Victims]
According to The Block, the UK Financial Conduct Authority (FCA) has obtained a court order requiring two individuals involved in a fraudulent crypto investment scam to jointly repay £851,402, with plans to return the funds to the victims. At least 65 investors collectively lost £1.54 million, and the recovered amount represents approximately half of the total loss.
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