The British NCA officer due to theft of 50 BTC

The British Crown Persecution Service (CPS) charged charges against a law enforcement agency in 2017 for allegedly 50 Bitcoin (BTC) for allegedly stolen Bitcoin (BTC). This development takes place in the middle of the continuous efforts of the British government to create a legislative framework of the crypto.

The official of the National Criminal Agency is suspended in a prison sentence of over 60,000 pounds Bitcoin theft

In a recently published news, the head of the CPS special breaking department Malcolm McAffie announced an indictment against Paul Chowles, officer of the National Crime Agency (NCA), due to the alleged theft of crypto assets worth 60,000 GBP (75,000 US dollar).

Chowles, a 42-year-old man from Bristol, will be accused by the Merseyside police in 2017 at an active examination of 50 Bitcoin. After the sporadic growth of the BTC market in recent years, the reported prey of 50 BTC now has a value of £ 3.2 million (USD 4.2.

According to an explanation of Mcaffie, the accused now faces 15 crime disputes in relation to this crime and is expected to occur The Liverpool Magistrates' Court on April 25, 2025.

The CPS division chief said:

The 42 -year -old Mr.Chowles is charged with 11 crimes for covering, disguise or conversion of criminal property, three crimes of acquisition, use or possession of distribution and a single number of theft. The public prosecutor's service is concerned about the fact that the criminal proceedings against this defendant are now active and that it has the right to a fair procedure. It is extremely important that there should be no reporting, comments or parts of information online, which could affect these procedures in any way.

According to the British regulations, the number of money laundering, ie the covering, disguise or conversion of criminal property could lead to a maximum punishment of 14 years in prison. Similarly, a single charge of acquisition, use or possession of criminal property also has a potential 14-year prison sentence. However, a conviction for theft has a maximum penalty of seven years.

If Chowles are found to be guilty, Chowles could theoretically be considered in prison for over 200 years. Although this is not unlikely, since typical legal decisions usually prefer a simultaneous conviction.

Great Britain begin with advice on stable coins

In other messages, the British Financial Conduct Authority (FCA) will meet StableCoin regulations before the second quarter of 2025, which corresponds to the crypto guidelines published in 2024. This initiative is intended to receive valuable insights into Stablecoin concepts such as redemption and asset support when HM -Financing moves to introduce new regulated activities for fixed digital assets.

In the middle of this exercise, the FCA will also publish discussion papers on key concepts such as lending, trading platforms and the discontinuation of the United Kingdom.

At the time of writing, Bitcoin acted at $ 84,391 after a profit of 4.30% last day.

Selected picture of iStock, Diagram by Tradingview

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