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U.K. Court Orders Repayment of Crypto Fraud Losses

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A U.K. court has ordered two individuals to repay £851,402 in connection with a crypto-investment fraud case.

The Financial Conduct Authority (FCA) secured the court order and the repayment is planned but has not yet been completed.

At least 65 investors lost £1.54 million in the scheme, which represents about half of those reported losses.

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