Two-thirds of UK crypto firms skip vital ‘know your business’ checks
Research also showed that 70% of high street banks and 56% of challenger banks don’t carry out necessary ‘know your business’ verification.
Research also showed that 70% of high street banks and 56% of challenger banks don’t carry out necessary ‘know your business’ verification.
Troubled crypto exchange Binance was green-lit in El Salvador, a country run by a dictator who’s all in on Bitcoin and Tether.
After installing fake software, the victim was called by a scammer posing as a Microsoft employee who gained access to their bank details.
Coinbase had claimed that, through crypto, it was creating more economic freedom for the world. Now it says it’s just selling Beanie Babies.
The crypto scam managed to steal $120 million (10 billion rupees) from over 200,000 victims in Odisha, India.