Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, the UK Financial Conduct Authority has raided eight locations suspected of illegal peer-to-peer crypto trading, Justin Sun has filed a lawsuit against World Liberty Financial, alleging that the company froze his tokens and threatened to burn them without justification, and New York Attorney General Letitia James filed suit against Coinbase and Gemini in the latest state legal challenge to prediction markets.
The UK Financial Conduct Authority (FCA) has raided multiple sites suspected of running illegal peer-to-peer (P2P) crypto trading operations.
The financial services and markets watchdog said Wednesday that it worked alongside HM Revenue & Customs and the South West Regional Organised Crime Unit to inspect eight locations linked to illegal crypto trading. Officials issued cease-and-desist notices on site, ordering operators to halt activity immediately, while gathering evidence tied to ongoing criminal investigations.
