Cryptocurrency

National Crime Agency launches crypto unit to crack down on digital assets fraud

Crypto crime rose to record levels in 2022 despite the collapse in values of coins like bitcoin and ether

The National Crime Agency is launching a new unit dedicated to dealing with crypto and digital assets criminals. PM Rishi Sunak wants the UK to become a “crypto hub”
The National Crime Agency is launching a new unit dedicated to dealing with crypto and digital assets criminals. PM Rishi Sunak wants the UK to become a “crypto hub” Photo: Jonathan Buckmaster/Getty Images

The UK’s top crime-fighting agency is launching a new unit to tackle crypto criminals as law enforcement ramps up in the space.

The National Crime Agency’s “crypto cell” will initially contain five officers dedicated to a “proactive cryptocurrency remit”. A spokesperson told Financial News the move signalled an “increased focus” on cryptoassets.

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