Finfluencers in the Dock: A Strategic Shift in Digital Financial Regulation
Only 20% of customers actually make money investing in Contracts for Difference (CFDs), highlighting the significant risks often obscured in the digital sphere. This stark reality underpins the UK’s Financial Conduct Authority’s (FCA) assertive stance as three prominent social media financial influencers—Charles Hunter, Kayan Kalipha, and Luke Desmaris—stood before Westminster Magistrates’ Court on September 10,…