Andrew Small has been appointed by the UK Insolvency Service as its first dedicated crypto recovery expert. His role will focus on managing the increasing number of insolvency cases involving cryptocurrencies.
Data indicates a sharp rise in crypto ownership in the UK, with the proportion of adults owning cryptocurrencies increasing from 4.4% in 2021 to 12% in 2024, which translates to about 7 million people. The total value of recovered crypto assets has increased significantly.
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