Key Coin Assets - How to Recover Your Funds
Refundee is currently conducting a review regarding the investment activities and financial representations made by Key Coin Assets Ltd. We believe that investors of Key Coin Assets may have the chance of recovering their funds through UK banking regulations.
Our aim is to determine whether there are potential claims against Key Coin Assets Ltd which can be pursued to help recover any funds investors may have lost.
We work on a no win, no fee basis so you only pay us if we are successful in recovering your funds.
Start your free eligibility assessment here.
What Happened With Key Coin Assets?
Key Coin Assets Ltd reportedly advertised themselves as a cryptocurrency firm offering returns in crypto-asset investments.
Some Investors of Key Coin Assets have raised concerns, reported concerns include:
High and guaranteed returns
Pressure to invest
Lack of transparency on the investment details
Difficulty making contact with the company
The existence of complaints, allegations or concerns does not establish wrongdoing.
Financial Conduct Authority Warning
On 12/09/2024, the Financial Conduct Authority issued an official warning about Key Coin Assets Ltd, suggesting that it may be providing or promoting financial services without FCA authorisation, and advising investors to avoid dealing with them.
Almost all financial firms in the UK must be authorised or registered by the FCA. Sometimes firms work without FCA authorisation. If you deal with an unauthorised firm, you won’t be covered by the Financial Ombudsman Service if you want to complain. You also won't be protected by the Financial Services Compensation Scheme (FSCS) if the firm goes out of business.
The FCA operates a warning list of firms that they are concerned may be working without their permission.
What to do if you Invested?
If you have invested with Key Coin Assets, you can complete the following steps:
Stop making any further payments
Contact your bank to and tell them what has happened
Gather all evidence, including emails and transaction records
Report the matter to the UK reporting service, Report Fraud
Contact Refundee to explore your recovery options
If payment was made via a UK bank transfer, you may have options to recover your funds depending on your circumstances.
Who can Refundee help?
If you sent the funds from a UK bank account then Refundee may be able to help through Authorised Push Payment (APP) fraud rules, including the Mandatory Reimbursement Model.
New rules introduced in October 2024 mean that fraud victims have a legal right to reimbursement. If you have been affected then Refundee can give you honest and clear steps on recovering your funds.
How can Refundee help?
In the first instance you can get in touch with us through our Start Your Claim form on our website.
Our aim is to determine whether there are any potential grounds for claims to be pursued to help recover any funds investors may have lost.
We assist you in managing your case from the beginning to end, alleviating the stress of revisiting previous events. Our fees are transparent, competitive within the industry, and simply structured without hidden charges.
You don’t need to seek professional representation to argue your case. You have the right to represent yourself for free. Of course, this means that you don’t incur a fee if you are successful.
We have recovered over £140 million for our clients so far. You can read more about our clients' experiences with us on TrustPilot.
Refundee Ltd is authorised and regulated by the Financial Conduct Authority (FRN: 937096).
More about Refundee
Here are the technical bits:
Refundee Ltd is a claims management company authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activity FRN: 937096.
Registered with the Information Commissioner's Office; registration number: A8986071.
Registered office address: Refundee, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
Registered as a company in England & Wales; number: 12855931.
