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UK Crackdown Pulls Thousands of Crypto Scams Offline

imageCryptocurrency13 hours ago (Aug 15, 2020 08:00PM ET)

UK Crackdown Pulls Thousands of Crypto Scams Offline

Over the past four months, the National Cyber Security Centre, or NCSC, removed over 300,000 URLs pertaining to fake celebrity-endorsed investment opportunities. More than a half of these sites belonged to fraudulent cryptocurrency investment schemes.

Per an announcement published by the NCSC on August 14, an increasing number of these scams utilized fake endorsements from national celebrities, such as Ed Sheeran and Richard Branson. This raised red flags for authorities, prompting the launch of a massive retaliatory campaign.

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UK Crackdown Pulls Thousands of Crypto Scams Offline

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