FCA too slow on crypto enforcement, says UK’s spending watchdog

The UK’s Financial Conduct Authority (FCA) has been criticized by the National Audit Office for acting too slow to enforce crypto laws.
The UK’s Financial Conduct Authority (FCA) has been criticized by the National Audit Office for acting too slow to enforce crypto laws.
Lukasz Nowak secured a $63,000 Covid loan and invested it in crypto, however, his broker turned out to be a scammer and he lost everything.
The gang will release X-rays, letters, clinical notes, and pathology reports, belonging to the Royal Family unless it’s paid 10 bitcoins.
The UK gov’t wants to know how many times a crypto asset has been transacted, how much it cost, what exchanges were used, and any profits.
UK-based Mohammed Afzal must also hand back $1.3 million worth of property and a Mercedes SUV gained through illegal steroid smuggling.