With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
The adoption of cryptocurrency is increasing and how they are being used is becoming more widespread. As such, questions continue to arise about how cryptocurrencies, as well as other digital currencies, relate to fiat currencies. Fiat money is a government-issued currency which is not backed or upheld by physical objects, such as gold. Long-term investors…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
Cryptocurrency regulation continues to evolve as the world is learning how to govern this ‘asset’. Recent months have seen significant developments in regulatory frameworks and enforcement actions, recognising the importance of crypto regulation in safeguarding consumers and maintaining financial stability. Due to the lack of secure regulatory framework and growing popularity of crypto around the…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
The UK has recorded losses to crypto fraud surpassing £300,000,000 (year-end March 31, 2023), according to Britain’s fraud reporting agency which is an extreme 40% increase over the past year. Crypto related fraud accounted for more than 40% of all reported crimes in England and Wales last year. Companies like Tesla and Square have added…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
At Wealth Recovery Solicitors, we work alongside other financial recovery service providers to help clients claim back lost funds. The Financial Ombudsman is one of these providers, who works to provide a solution to funds lost by businesses that are regulated by the Financial Conduct Authority (FCA). In newly published data, it shows that in…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
At WRS, we deal with clients who have lost money through scams, such as phishing scams, and we work to trace and recover funds lost. However, we rarely hear of cases where these schemes are stopped. In the past few weeks, one of the biggest phishing scams, LabHost, has been shut down thanks to the…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
Phishing is becoming an increasingly common and complex type of fraud, particularly in the cryptocurrency landscape. We hear of more and more traders and investors falling for phishing scams when looking to make investment decisions, which ultimately causes them to lose money. One phishing scam we’ve been hearing about more frequently involves the Mercatox platform…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
If you’re a regular trader or investor, then the likelihood of you hearing about the trading platform Bullexo is high, whether in a good or bad way. However, in recent times, the platform has earned a negative reputation and a number of investors have unfortunately lost money as a result of trading on the platform. …
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
On Friday, news broke that the criminal mastermind behind phone spoofing website iSpoof, Tejay Fletcher, has been sentenced to 13 years in prison following a successful police investigation. Fletcher, 35, founded the notorious iSpoof.cc website which formed an integral part of scamming operations in the UK, US and around the world. The iSpoof website enabled…
With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.
In November 2022, the Cryptocurrency exchange FTX collapsed, resulting in a number of repercussions and implications for the crypto trading community. FTX was one of the leading centralised crypto exchanges and it specialised in derivatives trading and leveraged products. FTX, which was once valued at $32 billion, filed for bankruptcy on the 11th of November…
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