The Crown Crown Service (CPS) provided charges against law enforcement agent of the alleged stealing of 50 Bitcoin (BTC) in 2017. This development comes amid continuous efforts by the UK government to provide a legislative framework.
The National Agency’s National Agency officer faces more than 60,000 pounds of Bitcoin theft
In a conversation PublishThe head of the CPS Malcolm Mchaffie, an indictment against the National Crime Agency officer (NCA), has announced the theft of alleged £ 60,000 ($ 75,000).
The 42 -year -old Mercyside police are concerned with Bristol, by Mercyside Police by photographing 50 Bitcoin during the active investigation into the online organized crime in 2017. After the intermittent growth of the BTC market in recent years, the day of 50 BTC is now 3.2 million pounds ($ 4.2 million).
According to a statement issued by Mchaffie, the defendant now faces 15 charges of crime related to this crime and is expected to appear in The Magistrate Court in Liverpool on April 25, 2025.
The head of the CPS department said:
Mr. Chowles, 42, is to be accused of 11 crimes to hide, hide or transfer criminal property, three crimes to acquire, use or possess criminal property and one charge of theft. Remember all the coronary prosecution service of concern that criminal procedures against this defendant are now active and have the right to a fair trial. It is extremely important that there should be no reports, comment or sharing information online that can affect these procedures in any way.
According to British regulations, every number of money laundering can lead, i.e. hiding, hiding, disguising or transferring criminal property to the maximum sentence for 14 years in prison. Likewise, one charge of obtaining, using or possessing criminal property also carries a 14 -year penalty. However, the theft of theft bears the penalty of the maximum for seven years.
Therefore, if convicted of the charge offered, Chowles may look at more than 200 years in prison in theory. Although this is not unlikely to prefer typical judicial rulings usually the simultaneous ruling.
UK to start consulting on Stablecoins
In other news, the UK’s Financial Behavior Authority (FCA) is expected to issue consulting papers on Stablecoin regulations before the first quarter of 2025 in line with it with it Policy Policy Road Map Issued in 2024. This initiative is to obtain valuable visions about Stablecoin concepts such as salvation and support for assets with the HM cabinet move to introduce new organizational activities for fixed digital assets.
In the midst of this exercise, FCA will also issue discussion papers on major concepts including lending, trading platforms, and tricks as the UK continues to formulate its regulatory framework for the implementation that is planned to implement in 2026.
At the time of this report, Bitcoin was trading at $ 84,391 after profit 4.30 % last day.
Distinctive image from Istock, tradingvief chart
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