London police apprehend two suspects for operating unlicensed cryptocurrency exchange worth £1 billion

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Two individuals have been apprehended by the Financial Conduct Authority (FCA) on suspicion of running an unregistered cryptocurrency exchange that is believed to have facilitated over £1 billion in transactions. The suspects, aged 38 and 44, were arrested during a search of their London offices, while the Metropolitan Police seized digital devices from two residential properties in the city.

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