The FCA, using its powers under the MLRs, and working with HMRC and the South West Regional Organised Crime Unit, targeted 8 London premises suspected of illegal peer-to-peer crypto trading. There are no properly registered P2P traders or platforms. The FCA issued cease and desist letters, and the authorities will use information gleaned during on-site inspections in a number of ongoing criminal investigations.
FCA helps disrupt illegal P2P crypto trading
