Bitcoin24h $98,076.71+0.41%

Ethereum24h $3,361.48-1.20%

Solana24h $254.05-0.20%

BNB24h $663.30+1.46%

XRP24h $1.45-1.68%

Dogecoin24h $0.4321-0.43%

Cardano24h $1.03-3.99%

TRON24h $0.2083-1.71%

Avalanche24h $41.95+0.86%

Stellar24h $0.5626+11.84%

UK police to return £2M in stolen crypto to IOTA scam victims

In the first-of-its-kind case, police will use the Proceeds of Crime Act to pay back crypto scam victims with funds seized from an exchange.

Police track $200K bitcoin robbery in Scottish first

Scottish Police described the $200,000 bitcoin robbery as the first of its kind to involve tracking crypto.

Crypto promotions came under the FCA’s remit earlier this month and it has highlighted three red flags that it will be cracking down on.

The FCA’s warning list shows “details of unauthorized firms and individuals that we’re aware of, that aren’t allowed to operate in the UK.”

The club’s supporters’ trust says that the project will encourage fans to enter a crypto ecosystem that many will have little knowledge of.