UK

London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case
The unnamed crypto exchange traced $1.7 million of the stolen funds after being hacked for $10.7 million in 2020.

UK Crypto Fraud Climbs by a Third to Over $270M: Report
The country is in a recession and the cost of living has increased, making some people vulnerable to fraudsters.

UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity
The lower chamber of the U.K. Parliament had already voted in favor of proposed rules to make it easier for law enforcement to target crypto linked to crime.

UK Lawmakers Vote to Widen Authorities’ Powers in Seizing Crypto-Related Property
The amendment builds upon a bill in Parliament that allows the government to seize cryptocurrencies tied to crime.

Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals in 2020-21
The claimants allege that Nexo froze their accounts in 2020-21 after they sought to remove their assets from the platform.

UK May Need Digital Pound, Bank of England's Jon Cunliffe Says
The deputy governor said FTX's collapse highlights the need for more oversight of digital assets.

Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report
Treasury Committee member Alison Thewliss said Binance's submissions on its role in the collapse of rival crypto exchange FTX were not detailed enough.

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX
The exchange pointed to a CoinDesk article that set off a series of events that led to FTX's bankruptcy filing.

DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views
A consultation published today looks at issues like governance, structure, money laundering and taxes.

Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse
In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.

