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9. June Government Government has bring A new expert to help find the crypto of assets in bankruptcy and fraud investigation.
Andrew Smalla former police officer with a financial crime, has Joined the Insolevency Service as his first specialist in cryptocurrency intelligence.
Its basic task will be Help recognize and recovery of digital assets that have not been declared in cases of incompleteness. They will also support investigators dealing with companies or individuals who owe money and who can hide some of their funds in cryptocurrencies.
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The number of cases of insolvency involving digital property has increased in recent years. In the last five years, there has been an increase in cases of 420% involving the Crypto currency. The value of the digital assets found in these cases has also reached more than £ 523,000.
Small said that, as more people in the UK began to use cryptocurrencies, it was also increasingly found in bankruptcy cases. He explained it, even when stored online, Crypto currency can still be monitored and recovered as long as investigators understand how technology works.
Its role is to provide advice on various types of digital currencies and their storage, purchase and sale. This includes crypto currency like bitcoin
Btc
Eth
2.671,88 USD
meme coins such as Dogecoin
Doge
0,1906 USD
and artwork that is not bothering (NFT).
The monetary administration of Singapore (MAS) recently published new regulations for foreign crypto services in the country. What did they say? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
