Bitcoin scammers swindled UK investors out of $19M last year

The UK’s national fraud helpline, Action Fraud, has found that in the 12 months leading up to March 19, 2019, investors in the state lost over £15 million ($19 million) to Bitcoin related scams. More than 1,200 victims lost a total of £15,248,130 ($19 million), Which? reports. That’s over £41,000 ($53,000) per day lost to scammers, enough to buy well specced BMW 3 Series. In some cases victims were hit by a double con. After being scammed for a first time, victims would be targeted by secondary scammers making false claims they could get back the victim’s lost funds for…

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