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Suspects Arrested Over Alleged .2B Illegal Crypto Business By United Kingdom’s FCA

Suspects Arrested Over Alleged $1.2B Illegal Crypto Business By United Kingdom’s FCA

The Financial Conduct Authority (FCA) and the Metropolitan Police Service in the United Kingdom have arrested two individuals suspected of running an unregistered crypto asset exchange worth over 1 billion British Pounds ($1.2 billion). What Happened: The operation highlights the FCA’s commitment to combating financial crimes and ensuring the integrity of the UK’s financial system....