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UK banks face claims to repay investors in alleged Basis Markets crypto scam

By Martin Coyle ( November 28, 2025, 16:55 GMT | Insight) -- UK banks are being targeted by a law firm and fintech company that have teamed up to recover cash for victims of a cryptocurrency scheme alleged to have defrauded investors of millions of dollars. They will use UK crime orders, civil proceedings and banking industry fraud reimbursements programs to recoup money for investors in Basis Markets, which collapsed in 2022.UK banks are being targeted by a law firm and fintech company that have teamed up to recover cash for victims of a cryptocurrency scheme alleged to have defrauded investors of millions of dollars....

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