Fake cryptocurrency investments are a growing concern. Last year, Britons lost more than £150 million to cryptocurrency fraudsters, with 18-25-year-olds the hardest hit. To help people avoid this scenario, the expert lawyers at Keller Postman UK have examined the common types of cryptocurrency scams and outlined some methods to avoid them.
The best way to protect yourself from financial crime is to understand the risk. But as there are many new and evolving risks in the crypto world, it can be hard to keep up. If you want to invest in crypto, it is wise to start with beginner-friendly exchanges like Coinbase or Gemini and popular cryptos such as Bitcoin and Ethereum which have a longer track record than other altcoins.
Furthermore, if the worst happens and you do become a victim of investment fraud, the best way to try to recover funds is by reporting any suspected fraud to the police and to your bank.
At Keller Postman UK, we can also help people affected by investment fraud get their money back. Providing a cool head in a crisis, we remove the burden from your shoulders as we fight for justice. What’s more, because we offer no-win, no-fee funding arrangements, you benefit from expert legal support and complete peace of mind without having to worry about costs.
Our solicitors have even won cases where victims had been told that there was little to no chance of compensation.
Contact us in confidence to find out how we can help.Contact our specialist team today