It's Kidcoin! Now pupils as young as 14 are risking up to £10,000 on a crypto craze without their parents' knowledge Children as young as 14 are gambling sums up to £10,000 on digital currencies Pupils are using phones to get involved – despite it being illegal for under 18s The trend is being driven by unqualified influencers giving advice on TikTok Experts warn teens may fall prey to scams which have seen traders lose millions
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Children as young as 14 are gambling sums of up to £10,000 on volatile digital currencies without their parents' knowledge.
With a craze for cryptocurrencies sweeping through schools, tech-savvy pupils are using smartphones to get involved in trading – despite it being illegal for anyone under 18.
The trend is being driven by platforms such as YouTube and TikTok, where unqualified influencers dispense financial advice to amateur investors drawn in by the promise of easy money.
Pupils as young as 14 are gambling sums of up to £10,000 on digital currencies, despite it being