The value of reported UK cryptocurrency fraud has jumped by 32 percent in a single year, from £171 million to £226 million, according to law firm Pinsent Masons.
The number of fraud reports has also increased to 10,030, which is 16 percent more than last year’s total of 8,676.
Hinesh Shah, a senior associate forensic accountant and financial crime investigator at Pinsent Masons, explained that despite the fall in cryptocurrency prices, the association of cryptocu...
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