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FCA crypto boss: ‘Be prepared to lose all your money’

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The Financial Conduct Authority's new digital assets director has doubled down on warnings that crypto investors should be prepared to lose all their money as the regulator gears up for potential new powers in the space."What we are seeing is huge volumes of money laundered.

Billions of pounds," Matthew Long told Financial News during an interview for Barron's Live. "We are also seeing an awful lot of consumers actually telling us they have lost all of their money."[They...

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