UK financial regulator shuts down 26 illegal cryptocurrency machines

<p>The UK's Financial Conduct Authority shut down 26 machines across the country for illegally offering cryptocurrencies.</p><p>The action came after a member of the public paid in a thousand GBP into a crypto ATM in an attempt to buy cryptocurrencies, but no cryptocurrency or funds were returned.</p><p>Says an FCA official:</p><ul><li>"If you use a crypto ATM in the UK, you are using a machine that is operating illegally and you may be handing your money over to criminals" </li><li>"You will not be protected if something goes wrong, and you could lose your money"</li></ul><p>Info via Reuters </p><p>I wonder if it had anything to do with this guy? </p>

This article was written by Eamonn Sheridan at www.forexlive.com.

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