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FCA busts suspects in $1.2B illegal crypto asset business. The Financial Conduct Authority (FCA) in the United Kingdom said it arrested two individuals suspected of operating an illegal crypto asset exchange. On June 19, the FCA said the illegal business was believed to have bought and sold more than 1 billion British pounds ($1.2 billion) worth of unregistered crypto assets. During raids of offices associated with the suspects, the FCA seized multiple digital devices.
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