According to a separate analysis, at least 168 companies in the UK have been tested for fraudulent login codes or foreign exchange trading (foreign exchange trading) scams.

Organized crime groups are using the UK as an industrial base because of lax controls in the UK, according to a collaborative survey released by the Research Information Office and the Observer on January 29th.

The specific total number of UK login passwords or foreign exchange trading companies involved in fraud is likely to be much higher than 168, as this number is examined by reviewing the list of abnormal shell subsidiaries. and cross-referenced them with fraud reports on various platforms.

About half of the companies found are related to the so-called "pig slaughtering scam".

The pig killing scam is a sinister scam in which the fraudster gets close to the victim-usually romantic-and then persuades him to deposit his money or login password on a trading website controlled by a fraudulent company or a virtual wallet.

The fraudsters then "fatten" the victims again, create further recognition, then persuade them to move a more quota, and then run away with assets.

According to the report, victims often look for victims on social networking platforms or through dating sites such as Tinder.

In addition, many of the victims interviewed in the statement said the company seemed more reasonable and legal because it was headquartered in the UK, and they said they would not have been deceived if the company had been built elsewhere.

It costs only 12 yuan ($14.85) to register a company in the UK and does not require any kind of identity document, which makes it easy for deceptive companies to apply for registration and get "false credit" there.

However, the company was required to provide a British office to apply, which led to air strikes on some addresses by letters from companies claiming to have offices there.

Graham Barrow, the financial crime inspector, was quoted by the Wall Street Journal as saying what had happened in the UK was illogical. "We have known for at least 20 years that British companies are being used in various scams and we are perhaps the largest distributor of fraud companies in the world."

The UK government has been working hard to crack down on data encryption companies in the region, and the personal Conduct Authority of the Financial system requires all companies engaged in encrypted asset activities to apply for registration with the agency from January 10, 2020.

However, regulators have always been strict with permission, and many companies related to login passwords once again operate as unregistered enterprises, trying to find a balance between providing a safe production environment for investors and supporting industry innovation.