UK Insolvency Service Hires First Crypto Recovery Expert
Since a significant number of crypto-related failures are happening, the UK Insolvency Service has assigned a specialist to work solely on those cases. Andrew Small, formerly a police economic crime investigator, will now oversee this task, using his experience in the crypto area to help recover losses.
As per the reports the number of insolvency cases incorporating cryptocurrency as a recoverable asset has increased by 420% in the last five years, from 14 in 2019–20 to 59 in 2024–2025. Even more striking, the value of crypto recovered jumped from just £1,436 in 2019/20 to over £520,000 in the latest reporting year.
Speaking about his new role, Small explained:
“There’s been significant growth in crypto ownership across the UK,…
