Crypto Firm Gemini Supports UK Take Five to Stop Fraud Campaign
Today we are proud to announce that Gemini has joined the Take Five Charter in the UK alongside other leading financial institutions, banks and fintechs.
Led by UK Finance and supported by Her Majesty’s Government, the campaign offers straightforward and unbiased advice to help protect UK clients against financial fraud and scams.
Take Five encourages customers to take several steps to determine whether a certain situation is genuine or looks like a scam, including:
• STOP: Taking a moment to stop and think before parting with your money or information could protect you.
• CHALLENGE: Could it be wrong? You can reject, decline or ignore any request. Only criminals will try to rush or panic you.
• PROTECT: immediately contact your bank or financial institution if you think you have fallen into the trap and report it to Action Fraud.
As one of the very few UK companies approved as a crypto-asset firm under money laundering regulations, Gemini’s financial crime program is subject to oversight and oversight. application of the Financial Conduct Authority (FCA).
To help you identify potentially fraudulent situations, we recommend that you visit the Take Five website to familiarize yourself with the most common types of criminal activity online and practical tips to protect yourself, your family and friends. against online fraud. The site includes helpful tips on how to spot a cryptocurrency scam, which can range from online advertisements to email and social media incentive marketing techniques where consumers are pressured into buying from. crypto before a deadline.
At Gemini, customer safety is our top priority and we are committed to providing education, understanding and strong internal controls to facilitate a safe and reliable business environment for our customers.