FCA Blacklists Cryptocurrency Clone Firm World Techno Trade
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FCA Blacklists Cryptocurrency Clone Firm World Techno Trade
Financial scams litter the foreign exchange (forex), cryptocurrency and trading markets and today, unfortunately, is no different, with the Financial Conduct Authority (FCA) yet again warning against a company committing fraudulent activities.
This Tuesday, the British regulator has flagged World Techno Trade, a clone firm of True Trade Limited. Clone firms, as the name suggests, are illegal entities that copy information, such as name, address or registration details to trick consumers into parting with their hard-earned cash.
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