British Investors Lose $3.2M To “Lyfcoin” Crypto Pyramid Scheme

British investors are left scratching their heads and counting losses after investing thousands of pounds in an alleged cryptocurrency pyramid scheme called Lyfcoin, local media reported Tuesday.  Lyfcoin described itself as a brand new cryptocurrency staking platform for ERC-20 tokens with 100% transparency. The platform claims to support other crypto activities such as trading, shopping, information sharing, and much more.  While Lyfcoin is reportedly based in Europe, it claims to operate globally and is "fully compliant with stringent regulations." A…