But where some have made a killing, others have lost an awful lot of money — you only need to look at the volatility in the price charts to see that. Worse still, some customers who ‘invested’ never had the chance to make money, as they lost everything to a cryptocurrency scam.
Investing in the crypto market is in itself highly risky, and should be approached with caution. But if you do dip your toe into crypto, it’s important to recognize that it’s also fraught with danger and riddled with lots of illegitimate websites and scams. Look out for blogs, where we will be talking about the common crypto scams we see.
At AlgoRefund, crypto scams are what we’re contacted about most often.
In many cases, we can help, especially when the money was initially move to crypto from a UK bank. As a regulated claims management company, if you’d like our help, just complete our online claim form or give us a call. Remember, you can do it yourself for free by taking your case to the Financial Ombudsman Service.
If you’d like more specific information on how Crypto Scams work, check out our crypto scam blog posts below.
Scams we have seen
We are a Claims Management Company regulated by the FCA. Founded with a clear sense of purpose. You will only work with experts when you deal with AlgoRefund.
AlgoRefund Ltd is a claims management company authorized and regulated by the Financial Conduct Authority in respect of regulated claims management activity. FRN: 937096. Registered with the Information Commissioners Office; registration number: A8986071. Registered office address: AlgoRefund Ltd, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE. Registered as a company in England & Wales; number: 50255931.
