Law enforcement bodies have issued warnings about the Coscoin cryptocurrency investment scheme amid a swell of fraud accusations.
A recent BBC analysis reveals that Coscoin, also known as Cos or Cosetek, claims to be at the forefront of AI-based quantitative trading. The scheme attracts investors with assurances of doubling their investments.
Nevertheless, a wave of complaints across the UK has uncovered a troubling trend: investors have found themselves unable to withdraw or access their funds since the end of November.
A case in the north-east of England highlights this issue, with 78 people reporting total losses of roughly £214,869, averaging about £2,900 per person, according to police data.The North East Regional Organised Crime Unit, confronting these numerous fraud claims, has released a public caution. An in-depth l
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First found on: Alert Issued Over Coscoin Crypto Scheme Amid Rising Fraud Claims Across the UK
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