Two individuals were detained and questioned by the UK Metropolitan Police and the Financial Conduct Authority for allegedly running an illegal cryptocurrency operation exceeding 1 billion British pounds in the region.that “More than £1 billion of unregistered crypto assets are believed to have been bought and sold through this business.” The individuals arrested, aged 38 and 44, were questioned and subsequently released on bail by the FCA.
Therese Chambers, the Executive Director of Enforcement and Market Oversight at the FCA emphasized the agency’s commitment to preventing illegal crypto activities in the UK financial system. She stated,
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Source: CoinDesk - 🏆 291. / 63 Read more »