\n<\/p>\n
However, the financial expert believes the unregulated nature of cryptocurrency means it is an uphill battle for the authorities to stamp down on these criminals.<\/p>\n
Mr Cannon explained: \u201cIn practical terms, they simply do not have the resources to cope from what I can see.<\/p>\n
\u201cThey do a few high profile investigations because fraudsters know their chances of being effectively investigated are very low if they continue to operate.\u201d<\/p>\n
Craig Mullish, a Temporary Detective Chief Inspector from the City of London Police, called on crypto enthusiasts to become more aware of the risks posed by fake advertisements and phoney crypto deals.<\/p>\n<\/div>\n
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