Bad crypto bets helped to destroy Credit Suisse banker’s wealth firm
Francis Menassa invested $2.5M in trading platform BlockEx which, despite a successful ICO, was forced to lay off staff 12 months later.
Francis Menassa invested $2.5M in trading platform BlockEx which, despite a successful ICO, was forced to lay off staff 12 months later.
James Howells is preparing to sue a UK council for $557M (£446M) in damages and permission to find his bitcoin in a landfill.
The UK’s 40% tax rate means that £100,000 in inherited crypto could still incur a £40,000 bill, even if bereaved families can never spend it.
Scammers used the likeness of UK Money Saving Expert Martin Lewis to legitimize a fake bitcoin investment that led to thousands in loan debt.
Research also showed that 70% of high street banks and 56% of challenger banks don’t carry out necessary ‘know your business’ verification.