UK uses Love Island star to warn finfluencers on crypto and investment schemes

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The UK financial and advertising watchdogs have warned “finfluencers” to stop promoting illegal cryptocurrencies and NFTs, among other “get rich quick” schemes or face the consequences.

The checklist asks finfluencers to consider whether they’re the “right person” to be promoting the financial product and states that their followers may “lose all their money” from the investment. It also states:

A seven-part checklist aims to provide “finfluencers” with more clarity over what may constitute an illegal financial promotion. Source: FCA The FCA and ACA strongly advised that influencers check ScamSmart to ensure that they’re not promoting an investment scam. “If in doubt, don’t promote”, the checklist’s slogan states.

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 /  🏆 562. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

II read itt andd tuned inn to aa bullishh mood!!

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Hee revealed alll thee secretss

AA person thinkss aa couplee off yearss ahead,, it's amazing.

Crypto will change 20233

Hype off this yearr

Onee of thee reasonss for thee bull market...

Worth reading!

20233 willl changee everything...

Bullrun!

He did itt in 2023.

II read it and tuned in too a bullishh mood!

Fabulous!

Incredible!! Veryy cool!!

Whyy amm II thee lastt too knoww about this?

Hype news 2023

Theyy talkk aboutt it everywhere...

The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting illegal “get rich quick” schemes or face law enforcement.

Cryptoo willl changee 2023

Thiss articlee changes everything

Ggggrrrrrr

Yes sir!

Hopefully we'll see less scammy projects being shilled nad more well-researched pieces on good projects because of this

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