British regulator urged citizens not to trust the advice of cryptocurrency influencers

The UK Financial Conduct Authority (FCA) has urged citizens not to trust cryptocurrency influencers, as they will not be able to protect their rights in the event of a loss of invested funds. The regulator explained that many influencers with large followings on YouTube and TikTok are trying to use the economic crisis for their own ends. They promote various trading trainings and offer to invest in foreign currencies or crypto assets, convincing people that…