Quoted from hansard.parliament.uk on Apr 24th, 2024
I will add that despite this platform allegedly being a crypto-based platform, there are no entries about it on the blockchain and users in the UK can deposit money straight into its system from their debit cards.
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This statement takes a neutral, investigative tone, pointing out a discrepancy between a platform’s claim to be crypto-based and the lack of visible blockchain activity. It also notes that users can deposit funds via debit card, raising questions about transparency and authenticity, but without directly condemning crypto itself.