Pair arrested on suspicion of money laundering as FCA seizes seven crypto ATMs

Four premises searched

Linus Uhlig
clock • 1 min read

Two individuals have been arrested on suspicion of money laundering and running an illegal cryptoasset exchange, after the Financial Conduct Authority and the Metropolitan Police searched four premises across southwest London.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

More on Financial services

What the City wants from the Autumn Budget – and what to expect

What the City wants from the Autumn Budget – and what to expect

From ISAs, to tax and VCTs

Alex Sebastian
clock 25 November 2025 • 5 min read
Number of complaints to financial service firms jumps almost 4%

Number of complaints to financial service firms jumps almost 4%

HL AM top of list

Michael Nelson
clock 23 October 2025 • 1 min read
FCA's Louisa Chender: SDR was never just about labels

FCA's Louisa Chender: SDR was never just about labels

Speaking at SRI Services’ Good Money Week conference

Michael Nelson
clock 10 October 2025 • 2 min read
Trustpilot