ZachXBT Identifies Hyperliquid Whale as UK Fraudster
On-chain sleuth ZachXBT exposes UK fraudster William Parker as the Hyperliquid whale, linking him to a $20M crypto manipulation scheme.
UK News and Updates
Recent UK News
First-Ever Crypto Seizure Under Scottish Law: £110,000 Taken from Convicted Criminal
New rules effective from April allow UK law enforcement to confiscate crypto assets without needing to first make an arrest.
Coinbase’s UK Unit Slapped With $4.5M Fine for Violating High-Risk Customer Ban
The company agreed to address the issue and received a 30% reduction on its fine from the FCA.
FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Business
The pair, aged 38 and 44, were arrested, questioned, and later released on bail by the FCA, as investigations continue.
British-Chinese Woman Sentenced to 6 Years for Laundering Bitcoin in $6B Scam
Law enforcement authorities from the Metropolitan Police the seizure was the largest of its kind in the UK.
FCA Targets Meme Coin ‘Finfluencers’ with New Guidelines on Promotions
Per the FCA, "finfluencers" need agency-appointed rep approval before advertising memes about financial products/services.
UK Woman Found Guilty of Laundering Bitcoin Tied to $6 Billion China Fraud
The woman stands accused of converting Bitcoin into cash and property to conceal the proceeds of a $6.3 billion fraud
UK May Introduce Stablecoin and Staking Regulations in 6 Months: Report
Stablecoins are set to be regulated by existing payment regulations, whereas staking services will be assigned a fresh classification.
FCA Sounds Alarm on Crypto Promotions: 450 Alerts Issued in 3 Months
British regulator, FCA has vowed to crack down on crypto companies engaging in illegal marketing activities targeting UK users.
Kraken Reportedly Implements New Verification Measures for UK Users’ Self-Custodial Wallets
Kraken now mandates that U.K. users verify self-custodial wallets or validate wallet identities in accordance with local regulations.
