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UK FCA issues urgent warning to cryptocurrency investment firm Digital Assets Nest

UK FCA issues urgent warning to cryptocurrency investment firm Digital Assets Nest

CointimeCointime2024/06/11 11:43
By:Cointime

According to Be In Crypto, the UK Financial Conduct Authority (FCA) issued an urgent warning to a cryptocurrency investment company called Digital Assets Nest. The company promoted financial services without proper authorization, posing risks to investors. FCA strongly advises investors to avoid contact with the company to prevent potential scams, and emphasizes that only transactions with authorized companies can ensure the protection of investors' rights. If trading is conducted with unauthorized companies such as Digital Assets Nest, investors will not be able to receive assistance from the Financial Ombudsman Service or enjoy the protection of the Financial Services Compensation Scheme (FSCS) in case of problems.

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