UK Fraud Office Makes First Major Crypto Arrests in $28M Basis Markets Rug Pull
The United Kingdom’s Serious Fraud Office (SFO) has made its first main transfer into crypto enforcement, arresting two males allegedly tied to the $28 million collapse of Basis Markets, a decentralized hedge-fund challenge that vanished together with investor cash in 2022. Key Takeaways: The UK SFO made its first main crypto enforcement transfer by arresting…
