Serious Fraud Office arrests two men over suspected £20m crypto fraud

The GuardianThursday, November 20, 2025 at 6:07:23 PM
Serious Fraud Office arrests two men over suspected £20m crypto fraud
  • The Serious Fraud Office has arrested two individuals as part of an investigation into a suspected £20 million cryptocurrency fraud, conducting raids in West Yorkshire and London. This follows concerns over £21.4 million invested in the Basis Markets scheme.
  • This development highlights the ongoing scrutiny of cryptocurrency investments and the potential for significant financial misconduct, raising alarms about investor safety and regulatory oversight in the digital currency sector.
— via World Pulse Now AI Editorial System

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