Nevertheless, the monetary knowledgeable believes the unregulated nature of cryptocurrency means it’s an uphill battle for the authorities to stamp down on these criminals.
Mr Cannon defined: “In sensible phrases, they merely should not have the sources to manage from what I can see.
“They do just a few excessive profile investigations as a result of fraudsters know their probabilities of being successfully investigated are very low in the event that they proceed to function.”
Craig Mullish, a Short-term Detective Chief Inspector from the Metropolis of London Police, referred to as on crypto fans to turn into extra conscious of the dangers posed by pretend commercials and phoney crypto offers.
