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UK disrupts first illegal peer-to-peer ‘crypto’ trading operation

UK disrupts first illegal peer-to-peer ‘crypto’ trading operation

The United Kingdom’s Financial Conduct Authority (FCA) has carried out its first operation to disrupt illegal peer-to-peer digital asset trading across multiple locations, in a joint action with other agencies that targeted eight actors across London.

According to an FCA press release on April 22, the eight actors suspected of illegal peer-to-peer digital asset trading were simultaneously issued cease-and-desist letters at each site, notifying the traders to stop the illegal…

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