The City of London Police has opened a civil asset recovery program in partnership with legal firm Gowling WLG, following a successful pilot in which assets were recovered on behalf of an elderly victim of a £2 million cryptocurrency fraud.

The partnership will be focused on coordinating retrieval efforts between police and other stakeholders, including victims and their legal representatives.

Its recovery program will operate in cases where a criminal prosecution is not possible, providing victims of fraud—including crypto-related fraud—with the chance to claim some restitution.