The agency responsible for conducting criminal persecution in England and Wales has announced that a National Crime Agency (NCA) officer should be charged with the alleged robbery of Bitcoin worth nearly $ 75,000 in 2017.
In a notice of March 14, the Crown Prosecution Service Says It allowed the merseyside police to charge NCA official Paul Chowles with 15 offenses related to the alleged bitcoin (Btc) theft “during an online -organized crime investigation.” Authorities said Chowles could face a number of robbery, 11 charges for storing, secretion, or converting criminal property and three counts for the acquisition, use or availability of criminal ownership.
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The 50 Bitcoin, which costs about $ 75,000 before the bull run, costs more than $ 4.2 million at the time of publication at a BTC price of $ 84,541. The NCA official is expected to appear in the Liverpool Magistrates’ Court on April 25.
Related: SUES British Council for $ 647M in Lost Bitcoin in Landfill
In April 2024, amendments to the Economic Crime and Corporate Transparency Act allowed NCA and local police officers to seize crypto from suspected criminals without arresting them. The Crown Prosecution Service did not mention how Chowles claimed to have stolen Bitcoin or if funds were connected to illicit activities.
Crypto policies throughout the lake
NCA said in December 2024 that it has Masama Cash and crypto were over $ 26 million and arrested 84 people as part of a global campaign to fight money laundering and organized crime. Some of the crypto addresses that UK authorities target at the time “showed regular exposure to Garantex.” The founder of the Russian Crypto Exchange is Arrested in India in March and is expected to be tempted in the US to deal with criminal charges.
The UK government is expected to advance creating a comprehensive framework of regulation For digital ownership in 2025 following success in the Labor government election. The country remains a significant market for crypto users, with Coinbase NEXT PREPARATION TO ENJOY from the body of financial regulation in February.
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