UK Police Find no Crime in Alleged $3M Crypto ‘Staking’ Scam – CoinDesk

Investors who say they lost hundreds of thousands of pounds in an alleged cryptocurrency fraud have had no luck persuading the police that there was in fact a crime committed. According to an investigation by the Metro newspaper published Tuesday, a number of investors said they had invested in a cryptocurrency project called Lyfcoin on promises of hefty returns, but had not received their money back. According to the allegations, investors were told to make staking commitments for five months t…

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