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Crypto Scam Alert! UK regulator warns against Bitcoin 24 Vantage FX, Crypto Prospect, and Bitfargo

FCA warns against crypto schrmes Bitfargo Bitcoin 24 Vantage FX and Crypto Prospect
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Currently, we are falling over new crypto investment schemes every hour. They try to defraud consumers with sometimes absurd offers and promises. In recent days, the UK Financial Conduct Authority (FCA) has issued more than a dozen warnings against these crypto schemes. Most recently, the UK regulator has issued warnings against Crypto Prospect (www.cryptoprospecttradingfx.com), Bitcoin 24 Vantage FX (www.bitcoin24vantagefx.com), and Bitfargo (www.bitfargo.io). Stay far away.

The Bitfargo crypto scam is currently down and producing the 404 (File or directory not found) error. Crypto Prospect‘s website was also down today and delivered an error message.

Only Bitcoin 24 Vantage FX was reachable and is active. The name is apparently meant to imply that this scam belongs to the FCA-regulated VantageFX group. The website claims that Bitcoin 24 Vantage FX would be a “fully licensed and regulated US broker” based in Los Angeles. This claim is, of course, bullshit. Stay very far away and save yourself from losing your money and having your data stolen.

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