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U.K. Court Orders £851,402 Repayment for Crypto Fraud
At least 65 investors lost £1.54 million in the scheme. The planned recovery represents about half of the reported losses.
A U.K. court ordered two people to jointly repay £851,402 tied to a crypto-investment fraud case, with the funds planned for return to victims.
At least 65 investors lost £1.54 million in the scheme. The ordered recovery represents about half of those reported losses.
The Financial Conduct Authority (FCA), the U.K. regulator responsible for financial conduct and consumer protection, secured the court order. The repayment is planned but has not yet been completed.
