Exclusive: City of London Police’s asset forfeitures jump by 3,600 per cent as priority shifts to higher-value fraud May 27, 2021 The City of London Police issued Account Freezing Orders and Account Forfeiture Orders against assets worth £36m last year, compared to less than £1m in 2019, a jump of 3,600 per cent, according to research by law firm RPC, exclusively shared with City A.M. this evening. Account Forfeiture and Account Freezing Orders allow authorities to [...]
Bitcoin on knife edge in a standoff between bulls and bears – it really could go either way! May 27, 2021 Crypto at a Glance Greetings from Dubai where it seems the whole crypto world has descended to make it a temporary home. An amazing array of conferences and meetups are in full swing. The AIBC Dubai, and the Supreme Blockchain Conference organised By Guy Yanpolskiy alongside CV Labs and Draper Goren Holm launches, Sheesha Finance [...]
Bitcoin back over $40,000 as recovery continues May 26, 2021 The recovery in the crypto markets continues today, with Bitcoin again trading at more than $40,000.
Elon’s games continue while crypto markets roar back into life May 25, 2021 The crypto markets continue to restore some value as Bitcoin edges closer to $40,000.
Crypto markets bounce back after weekend nosedive May 24, 2021 Another turbulent weekend in the crypto markets saw Bitcoin fall to a low of just above $31,000 yesterday.
City police opened 50 per cent more Covid loan fraud probes in February May 24, 2021 City of London police commenced 50 per cent more investigation into fraud connected to the government’s Bounce Back Loan scheme (BBLs) in February than the prior month. Police opened 26 such probes in February, up from 17 in January, international law firm RPC said. It opened a further 28 in March. Back in October the [...]
Brexit impact: Heathrow loses legal bid over end of tax-free shopping for tourists May 21, 2021 Heathrow Airport has lost a High Court bid to challenge the scrapping of tax-free shopping for tourists. Two schemes providing VAT-free shopping for some international visitors were withdrawn by the Treasury at the end of the Brexit transition period on 1 January of this year. The Treasury and HMRC’s decision related to the VAT Retail [...]
Sunday Times Rich List: Who came out on top among a record 171 billionaires? May 21, 2021 Sunday Times Rich List: Record 171 billionaires in the UK, so who came out top?
Ethereum volatility increases as FUD continues to pour in May 21, 2021 It was another turbulent day in the markets, as the Bitcoin price continues to bounce up and down like a skittle on a snare drum.
Chaos in alt markets as Bitcoin steadies after sharp fall May 20, 2021 It’s been a wild 24 hours in the crypto markets, with the price of Bitcoin falling more than 25 per cent yesterday to a low of just above $30,000.