CoinOtag
2025-11-20 18:48:28

UK SFO Arrests in Basis Markets NFT Scheme May Herald Broader Crypto Enforcement, Including Bitcoin Cases

The UK's Serious Fraud Office (SFO) arrested two individuals linked to Basis Markets, a £21 million crypto scheme that collapsed after promising high returns from NFT investments and algorithmic trading. Investors lost funds due to misrepresented dashboards and diverted capital, marking a key enforcement action against NFT fraud. SFO arrests signal crackdown on NFT-based scams, [...]

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