Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD LSEG Data AD CME Group Education AD Bank of England Statistics AD Investing.com Markets
FCA & Rules

Lost your crypto access code? Be wary, there‘s a scam for that too

Lost your crypto access code? Be wary, there‘s a scam for that too

A niche type of fraud is lucrative enough for criminals to set up fake websites with dodgy software to harvest your data

After holding them for a few years, you have decided it is time to cash in your cryptocurrency holdings. The problem is, it is so long since you set up the digital wallet which manages them on your laptop, you have forgotten the lengthy access code.

Stressed at the thought of losing thousands of pounds, you search and download a program which promises to recover the 24-word “seed phrase” which gives you access to your cypto assets.

Continue reading...