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UK authorities froze $13.5M in cash during Sorare investigation

UK authorities froze $13.5 million in cash after a January 2025 Westminster Magistrates’ Court order, as part of an investigation into crypto sports platform Sorare, Cointelegraph reported.

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UK authorities froze $13.5M in cash during Sorare investigation
UK authorities froze $13.5 million in cash as part of an investigation into Sorare, according to Cointelegraph. The action followed an order issued by Westminster Magistrates’ Court in January 2025. Sorare, a crypto-focused sports platform, has been linked to Premier League sponsorship, but the supplied information does not provide further details about the investigation, the origin of the funds or any allegations against the company. The reported freeze represents an enforcement development involving a business operating at the intersection of digital assets and sports. Cointelegraph reported the case on September 1, 2026. No information was provided on whether the funds remain frozen, whether charges have been filed, or how the investigation may proceed. The report also does not indicate any effect on the prices or trading activity of related crypto assets.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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