The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against organized crime. In this public-private partnership, the banks are providing the NCA with account data that indicates potential criminality, and investigators from both the NCA...
England’s financial regulator is reportedly examining whether Revolut permitted transactions involving suspicious accounts. Revolut is in discussions with the U.K. Financial Conduct Authority (FCA) over failures that allegedly allowed funds to be released from accounts that Britain’s National Crime Agency deemed suspicious, the Financial Times (FT) reported Saturday (Sept....
The U.K.’s National Crime Agency (NCA) has called for more regulation on cryptocurrency protocols that let digital asset traders mask their transactions, according to published reports Tuesday (March 15). The regulations would apply to decentralized mixers like Wasabi Wallet and Tornado Cash, which use smart...
A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards by falsely claiming he had access to iCloud and other Apple accounts, various outlets reported on Monday (Dec. 23). The...
August 02, 2024
The United Kingdom’s National Crime Agency (NCA) reported Thursday (Aug. 1) that it shut down a platform that was used to make 1.8 million scam calls to people in 107 countries. The platform, Russian Coms, enabled criminals to place calls that appeared to come from the numbers of financial institutions, telecommunications companies and law enforcement agencies, […]
July 26, 2024
The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against organized crime. In this public-private partnership, the banks are providing...
October 01, 2023
England’s financial regulator is reportedly examining whether Revolut permitted transactions involving suspicious accounts. Revolut is in discussions with the U.K. Financial Conduct Authority (FCA) over failures that allegedly allowed funds to be...
March 15, 2022
The U.K.’s National Crime Agency (NCA) has called for more regulation on cryptocurrency protocols that let digital asset traders mask their transactions, according to published reports Tuesday (March 15). The...
