Search results for National Crime Agency
Crypto
UK ranks crypto third economic crime priority, tightens money laundering probes
British investigators have identified crypto assets as a key risk factor in tackling money laundering and fraud and are moving to strengthen their investigative capabilities. Crypto assets were classified as the third item among the United Kingdom\'s nine economic crime response priorities. The National Economic Crime Centre said criminal groups use cryptocurrencies to evade detection and move illicit funds at scale, and it plans a more proactive, intelligence-led approach.
Crypto
U.S., UK launch joint cooperation targeting crypto scam centres
The United States and Britain have launched their first joint law enforcement cooperation framework targeting overseas centres running cryptocurrency investment scams. U.S. federal prosecutors in Washington, the Crown Prosecution Service for England and Wales and Britain’s National Crime Agency signed a memorandum of understanding to pursue parallel investigations, share information and decide where to prosecute cases. Authorities say they have identified overlapping cases and plan an operation in London in early October with private companies.
Crypto
JackXBT raises claim insiders hold 90 percent of supply for Memecore token
On-chain investigator JackXBT publicly questioned Memecore’s M token, calling for Kraken to disclose why it listed the token and what review it conducted. He cited concerns over insider concentration, alleging insiders hold more than 90 percent of supply and that control could be about 99 percent. He also pointed to a mismatch between market value and app trading volume, questioned circulating and unlocked amounts, and described fund flows linked to Kraken addresses.