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Crypto News: UK Regulators Elevated Crypto Oversight From Scam Warnings to Dedicated Fraud Investigations

Key Insights: In crypto news, the Serious Fraud Office issued a press release on November 20 announcing an investigation into Basis Markets, a suspected fraudulent crypto market scheme that raised approximately $28 million. Investigators executed raids in West Yorkshire and London, with support from the Metropolitan Police and West Yorkshire Police, arresting two men in [...]The post Crypto News: UK Regulators Elevated Crypto Oversight From Scam Warnings to Dedicated Fraud Investigations appeared first on The Coin Republic.

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