The £5 Billion Bitcoin Heist: Inside the UK’s Biggest Crypto Bust (61,000 BTC)
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The £5 Billion Bitcoin Heist: Inside the UK’s Biggest Crypto Bust (61,000 BTC)
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BREAKING: UK gas giant REABOLD is mining Bitcoin... but the backlash is massive!
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A major gas field in the UK could supply over 10% of the UK's energy, but that gas isn't destined for the grid.The plan instead is to extract it on site, burn it in a local power plant, and use that electricity to mine bitcoin. The energy will be consumed at the source, because that route is simpler and more profitable.Taxes, regulation and grid constraints all add friction. The gas could power homes. It isn't. Because burning it on site makes more money.That is a damning indictment of UK energy
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FCA, HMRC, AND SWROCU RAID EIGHT LONDON PREMISES IN FIRST UK CRACKDOWN ON ILLEGAL P2P CRYPTO TRADINGThe UK's Financial Conduct Authority carried out its first coordinated enforcement operation against illegal peer-to-peer crypto trading, targeting eight London premises in a joint action with HMRC and the South West Regional Organised Crime Unit.Cease-and-desist letters were issued at each site, with evidence gathered now feeding into multiple ongoing criminal investigations. The FCA noted that n
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x.comBSCN
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UK WATCHDOG RAIDS ILLEGAL CRYPTO P2P SITES IN LONDON CRACKDOWNThe UK Financial Conduct Authority has raided eight illegal crypto trading sites across London.This marks the regulator’s first coordinated crackdown on peer to peer crypto activity.The targeted platforms were operating without proper registration or AML controls. Authorities seized evidence and issued cease and desist notices.Officials warned consumers face significant risks when dealing with unregulated traders.
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