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Tuesday, March 28, 2023

We followed a crypto scam from the start. Why can’t the police? | Money

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Almost unnoticed, a website called cryptomeracoin.com offering investments in Bitcoin and other digital currencies is launched.

It boasts of being a worldwide financial management company, and has an address in Glasgow and what looks like a genuine UK phone number. The site makes trading in crypto seem really easy and tells you to just register an account, make a deposit and get a profit.

There is a price list outlining the trading fees it will take. There are also step-by-step guides to opening an account.

So how do we know it is a scam? The first clue is in the contact details. The address in Glasgow does not exist and no postcode is given. There is such an address (house number and road name), a

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