TSB Bank, a private bank in United kingdom, may start banning more than 5 million customers from using their funds to buy cryptocurrency on exchanges Binance e legendary sea monsterوحش. The reason is according to the newspaper Sunday times, is that the institution has been receiving thousands of complaints from customers who claim to have fallen for fraud.
According to the report, TSB’s concerns are the possible presence of fraudsters in cryptocurrency-trading companies that have taken advantage of vulnerable configurations that allow access and the theft of funds, i.e. from accounts without, say, two-factor verification (2FA).
In particular, The Sunday said, TSB Bank is concerned about Binance, one of the largest exchanges in the country Cryptocurrency of the world, registered in the Cayman Islands.
Asking for comment, the bank said 849 savers reported losing money to scammers with Binance accounts between March 15 and April 15. The bank also noted that when it questioned the exchange about the matter, it did not receive a return.
A similar case occurred last month when a digital bank in London, Starling Bank, banned funds from sending money to crypto companies. to me telegraphThe foundation revealed that the reason was concern about what it considers to be a high level of suspicion of financial crime through the cryptocurrency sector.
The newspaper also revealed at the time that other banks were also taking similar measures. In addition to Starling Bank clients, Barclays and Monzo clients are also among those who have been banned, at least temporarily, from transferring funds to cryptocurrency exchanges.
UK cryptocurrency
There is tension among UK regulators not only about the rise in crypto-related crime, but also about the growth of investors in the sector.
Earlier this year, the Financial Conduct Authority (FCA), the British authority that regulates the financial sector, Consumers warn who invest in cryptocurrency if they are willing to lose all their money.
In March, the UK Advertising Standards Authority (ASA) Print campaign banned Broadcast by Coinfloor, which has spread across the London Underground, according to the ASA, the marketing campaign was aimed at retirees who may not have been aware enough of the risks of investing in cryptocurrency.
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