FCA and West Yorkshire police raid crypto operators in UK first

1 year ago 61

Raids target ATMs hosted around Leeds believed to be offering to buy or convert traditional currencies

Authorities have raided several sites around Leeds as part of what is believed to be the UK’s first crackdown on illegally operated crypto ATMs.

Evidence was gathered from multiple sites around the city that were suspected to be hosting machines allowing customers to buy or convert traditional currencies into cryptoassets including bitcoin.

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