UK Government's Fraud Strategy Underscores Growing Risk of Crypto in Investment Fraud
Published on March 10, 2026.
The UK government's Fraud Strategy 2026-2029 highlights the increasing risk posed by cryptocurrency in facilitating investment fraud. The strategy emphasises the need for stronger coordination across various sectors to combat fraud, with a focus on incorporating blockchain analytics into existing frameworks. Approximately $130 million worth of Bitcoin has been transferred to Gemini hot wallets by the Winklevoss twins. Despite global equity markets being rocked by the Iran war and oil surge, Bitcoin remained relatively stable due to its stability. The largest holder of Bitcoin, Satoshi, sold a record number of perpetual preferred equity, Stretch (ST), to purchase. U.S. prosecutors are seeking a retrial for Tornado Cash developer Roman Storm on money-laundering charges.
Read Original Article