Warning after Co Down woman loses over £250k in cryptocurrency scam - Belfast Live

Cryptocurrency scams are particularly vicious because victims often can't trace or recover their funds once transferred to fraudsters' wallets. If you've already sent money, report it to Action Fraud immediately and your bank — speed can occasionally help, though recovery is rare.

If someone contacts you about an investment promising high returns with low or no risk — that's not an opportunity, it's a trap. Legitimate investments carry risk and regulated firms don't cold-call. Before parting with anything, check the FCA Register at register.fca.org.uk. If it's not on there, walk away.