UK NCA Officer Charged Over Alleged Bitcoin Theft in 2017

A UK Nationwide Crime Company Officer is charged with the alleged theft of fifty Bitcoin in 2017 after which value $ 77,000.

Paul Chowles, 42, from Bristol, is accused of 15 counts of legal offenses with regard to the theft that he’s accused of committing whereas working as an operational officer on the NCA.

The alleged theft passed off throughout an ongoing investigation into on-line organized crime, based on the investigation into the Merseyside police.

On the time, in 2017, the 50 BTC Trek was value round $ 77,000 (£ 60,000), however towards right this moment’s measure, the worth comes nearer to $ 4 million.

In an announcement, Malcolm Mchaffie stated, head of the particular crime division of the Crown prosecutor,

Chowles will seem on the Liverpool Magistrates’ Court docket on 25 April 2025.

Mr. Mchaffie added that “the Crown Prosecution Service reminds everybody concerned that legal proceedings towards this suspect are actually energetic and that he’s entitled to a good trial.

“This can be very essential that there could also be no reporting, feedback or sharing data on-line, which might hurt these procedures in any means.”

What’s the NCA?

The Nationwide Crime Company is a very powerful company of the UK that works towards critical and arranged crime, with a concentrate on cyber crime and financial crime each nationally and internationally.

In 2024, the NCA was granted new powers to “seize, freeze and destroy” cryptocurrency utilized by criminals, in order that the crypto of suspects can seize with out making an arrest.