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Proactive, tenacious solicitors delivering you the best outcome with the best service. At Selachii, we do things a little differently. We offer the same level of experience and expertise as you would expect to find at a large city law firm but we do it with a smile, taking the time to get to know and really understand our clients. To find out more about how we can help you, contact us to discuss your needs today. More

Cryptocurrency Ponzi scheme ‘PlusToken’ scams $3bn from investors

According to experts the recent downturn in the cryptocurrency markets could well be linked to the sheer volume of Bitcoin being dumped into the market by PlusToken, a $3 billion Ponzi scheme. Over the last few days Chinese traders have
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Recognised ‘Man in Crypto’ Richard Howlett explains what he thinks is coming next and the effect crypto will have on the professions

Over the last decade Bitcoin has become nothing short of a worldwide phenomenon spawning countless imitators that have catapulted cryptocurrency at the vanguard of technology, innovation and commerce whilst, at the same time, grabbing the public’s attention.  That’s not to
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Is the FCA's new guidance the first step towards workable cryptocurrency regulation or just a holding pattern for now?

On Wednesday the UK's Financial Conduct Authority (FCA) finally issued its guidance setting out exactly which crypto tokens fall under its jurisdiction. Although the guidance (based largely on the FCA's consultation paper CP19 issued in January this year) still didn't
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Scam Bitcoin trading website Bitcoin Loophole is outed for using fake claims never made by the ex-Prime Minister of Singapore to con users

On July 31st MAS (the central bank and financial watchdog of Singapore) made an official statement saying they had uncovered a website using false claims attributed to a very public figure to entice investors to trade Bitcoin.   The website
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Is the FCA about to ban investors from buying crypto derivatives?

According to “Restricting contract for difference products sold to retail clients”, an official document released on 1 st July, the Financial Conduct Authority (FCA) is planning to ban on all sales of crypto derivatives (CFDs) to retail investors.  In the
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