Scammer Ordered to Forfeit $1.12 Million Bitcoin in Landmark UK Case

A scammer who sold people’s personal details on the dark web has been ordered to forfeit $1.12 million worth of Bitcoin. Grant West, also known as “Courvoisier “, gathered sensitive information about individuals using a phishing scam targeting a popular online takeaway ordering service and other well-known British retailers. The investigation and subsequent confiscation is […]

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence

A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto. Source link

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

The U.K. Advertising Standards Authority has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX. Source link

Ripple Joins Bitcoin and Ethereum In Gaining Regulatory Clarity in the UK

While regulatory uncertainty permeates the crypto industry currently due to the United States suddenly taking an aggressive and negative stance against the digital asset class, in the UK, Ripple (XRP) has gained sudden clarity alongside Bitcoin and Ethereum. According to new classifications revealed by the Financial Conduct Authority, Ripple joins the other two most dominant […]

UK’s Pensions and Welfare Department Eyes DLT for Faster Payments

The U.K. Department for Work and Pensions is investigating distributed ledger technology as a way to boost its payments systems. Source link

Coinbase UK Dropping Support for Cryptocurrency Zcash

The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash. Source link

How Brexit Will Affect the UK Fintech Industry? Experts Answer

The crypto and blockchain industry’s experts comment on the effects Brexit could have the U.K.’s fintech industry. Source link

Investment App Robinhood Wins License to Operate in UK

Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator. Source link

Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog

Scam emails impersonating the U.K.’s FCA are offering recipients a “guaranteed chance to earn” on digital currencies Source link

UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud Concerns

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users. Source link