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UK Crime Agency Freezes Premier League-Linked $13.5 Million Account

The UK's crime agency froze a $13.5 million account linked to the Premier League in a crypto crime probe. The funds were tied to its $140 million sponsorship deal with Sorare, with no wrongdoing confirmed by authorities.

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UK Crime Agency Freezes Premier League-Linked $13.5 Million Account
The UK's crime agency has frozen a $13.5 million account linked to the Premier League as part of a cryptocurrency crime investigation, CoinDesk reported. The funds were connected to a $140 million sponsorship agreement between the football league and crypto firm Sorare. Authorities targeted the money during the probe, while law enforcement confirmed that the Premier League itself was not accused of wrongdoing. The case highlights the involvement of funds associated with a major sports sponsorship in an ongoing crypto-related investigation. No further details about the alleged activity, the account holder, or any potential charges were provided in the source material.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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