Belgium warns of 28 new fraudulent crypto platforms

Belgium's financial regulator has updated its list of cryptocurrency platforms that display signs of fraud.

The Financial Services and Markets Authority (FSMA) has repeated its warning against fraudsters who use cryptocurrency platforms to "swindle consumers".

"Cryptocurrencies are the hype of the year. Fraudsters are well aware of that, and try to attract customers online through fake cryptocurrencies and huge profits. The only thing they actually do, however, is take the customers’ money and disappear. It is as simple as that."

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