RATE Group | Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog
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Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog

24 Jul Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog

Posted at 09:10h in Cryptocurrency News by

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Cyber criminals have been sending scam emails claiming to be from the United Kingdom Financial Conduct Authority (FCA) and promoting crypto assets investments, financial market-focused platform FT Adviser reported on July 22.

The letter impersonating the FCA is entitled “Guaranteed chance to earn” and features the watchdog’s logo and branding. After reading that “Bitcoin is still a long way off its peak price of $20,000, which it reached in 2017, but some cryptocurrency experts believe it could hit an even higher value by 2020,” it offers recipients to follow a link dubbed “Click her” [sic].

The FCA has reportedly confirmed that it has no relation with the aforementioned emails. The agency also warned that it would never ask the public to provide it with their bank account details. The FCA said:

“The correspondence is likely to be linked to organized fraud and we strongly advise you not to respond to the criminals in any way. Look for signs that the email, letter or phone call may…

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