The FCA said: “If you invest in cryptoassets, you should be prepared to lose all your money”.
You should never invest money into a stock or crypto that you are not prepared to lose.
How to take part in the Coinbase Dogecoin sweepstakes?
More than 6,000 people have a chance of winning big prizes, with the awards split between three tiers.
The top prize of a staggering £212,000 ($300,000) in DOGE tokens will go to one person.
Another 10 people have a chance of snatching up £21,200 ($30,000) in DOGE tokens.
And another 6,000 people can win a more modest £70.67 ($100) in DOGE.
The sweepstakes are going to end on June 10, 2021 at 11.59pm PT.