The UK Financial Conduct Authority (FCA) has issued a warning on Blockchain Access UK Ltd.

The regulator says it is aware fraudsters are using the details of the authorised EMD Agent Blockchain Access UK Ltd (Reference number: 902765) attempting to deceive consumers into believing that they are dealing with the authorised EMD Agent.

Consumers are being targeted by fraudsters using recovery room frauds. This is where fraudsters approach investors who have been scammed or had failed investments, offering to help them get their money back for an upfront fee.

Consumers should always consult the FCA register for authorised firms or individuals’ details before dealing with anyone supposedly representing an authorised firm or individual before making any investments.

All individuals and firms carrying out regulated financial services activities in the UK must be authorised by the FCA.