This time last year I found myself in a financial bind. I’m 65 and work as a GP in Manchester. I’d had an unexpectedly high tax bill of £30,000 and my wife and I also wanted to fix the roof and convert the attic.
So I chatted to a few friends who had made money from cryptocurrency trading, specifically from what they called ‘crypto arbitrage’.
I learnt that this is a kind of futures trading, where a trader buys crypto coins from one cryptocurrency exchange on the understanding they will sell them at a higher price on another exchange. Friends warned me that it was not something to try to do myself but to find an investor to do for me.
I looked up ‘crypto arbitrage investors’ online and came across what appeared to be an…
