Techub News reports that, according to the Financial Times, due to the lack of regulatory enforcement, half of the banned cryptocurrency ads in the UK remain online. Of the 1,702 illegal crypto ads, apps, or websites listed by the UK's Financial Conduct Authority (FCA) for the period from October 2023 to October 2024, only 54% have been removed. The FCA can impose fines to address this, but currently, it is focusing on financial influencers, with criminal charges brought against 9 individuals accused of promoting unauthorized schemes related to high-risk derivatives on Instagram, including TV stars famous for the reality shows 'Love Island' and 'The Only Way Is Essex'.