FCA Warns against Unauthorized Cryptocurrency Investment Firm Digital Assets Nest

IconCryptoNewsTerminal Staff11 Jun, 2024

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FCA Warns against Unauthorized Cryptocurrency Investment Firm Digital Assets Nest

The UK's Financial Conduct Authority (FCA) has issued a warning against cryptocurrency investment firm Digital Assets Nest, stating that it is operating without proper authorization. The FCA said that Digital Assets Nest is "carrying out financial services without our authorisation, which means that investors are not protected if things go wrong." The FCA added that "you should not deal with this unauthorised firm and be wary of any firm that offers investments in cryptoassets that promise high returns with little or no risk." If you have any concerns about a firm or financial product, you should check the FCA Warning List.