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UK Makes First Major Crypto Arrests in $28 Million Basis Markets Scandal

The UK's Serious Fraud Office (SFO) made its first major arrests in a cryptocurrency case, detaining two men in London and Bradford over an alleged $28 million fraud linked to the collapse of the Basis Markets scheme. The November 20, 2025, operation marks a pivotal shift in UK crypto enforcement. Authorities are expanding efforts toThe post UK Makes First Major Crypto Arrests in $28 Million Basis Markets Scandal appeared first on BeInCrypto.

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