The UK’s Insolvency Service has brought on its first-ever crypto intelligence officer, aiming to track and recover digital assets tied to bankruptcies and financial crimes. The move comes as more individuals facing insolvency or prosecution are found holding cryptocurrencies, prompting the agency to boost its digital asset recovery capabilities.
The government agency appointed former police investigator Andrew Small as its first crypto intelligence specialist, according to a press release. In this newly created role, Small will support the agency’s efforts to trace digital assets in criminal investigations and offer expert insight into the cryptocurrency market.
The Insolvency Service will be tasked with identifying…
