PANews July 7 news, according to FinanceFeeds, the UK's Financial Conduct Authority (FCA) successfully secured a total of over 12 years of imprisonment for two cryptocurrency fraudsters involved in a case amounting to £1.5 million. Raymondip Bedi and Patrick Mavanga defrauded at least 65 investors through false cryptocurrency projects. The court found both individuals to have severely violated financial services regulations, and the FCA is currently advancing the recovery process for the illicit gains.