I was searching on Google about crypto scam and uk companies house and I read that the uk company house does not verify the address and identity of the person. And that allows scammers to register the company as little as 12 pounds and most of the scammers are operating from abroad. I learned it is different from registration with regulators because in order for company to be regulated and get the license it can be costly. I was victim of scam over a year ago with crypto trading and I thought business  registration was enough for the company to be legitimate.

I believe scammers can easily register and incorporate  a company eg uk companies house because it does not regulate markets and it costs very little so they don’t get caught. Also scammers registers the company to make it look credible and to scam victim. I think government should take action to  verify identity and address when someone want to register a company.

Lesson learned.