UK crime agency scouts for seasoned crypto investigators
The National Crime Agency (NCA) of the United Kingdom is hiring two blockchain investigators for its newly-formed digital assets team within the Complex Financial Crime Team (CFCT) to tackle crypto crimes.
The job involves overseeing complex investigations involving cryptocurrency and digital assets from a Proceeds of Crime Act (POCA) perspective. The POCA relates to confiscating and redirecting crime money toward community benefit.
The ideal candidate will be an existing member of the police staff who is a certified, accredited financial investigator (AFI). In addition, other requirement includes experience in blockchain analysis, criminal investigation and understanding of the legislation, among others.
The job pays a salary of approximately 47,380 British pounds ($61,076.37) on top of other civil service benefits schemes.
Related: US Justice Department to double its crypto team, target ransomware crimes
In January 2023, the NCA formed a dedicated cryptocurrency unit — NCCU Crypto Cell — to investigate cyber incidents involving the use of cryptocurrencies like Bitcoin (BTC).
The NCA’s move aims to increase regulatory focus on crypto assets in the U.K. amid the government’s call to eliminate “dirty money” in the country. “This is a really exciting opportunity which involves working in a team at the forefront of protecting the U.K. from cybercrime,” NCA infrastructure investigations director Chris Lewis-Evans told Cointelegraph at the time.
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Magazine: Tokenizing music royalties as NFTs could help the next Taylor Swift
Sir Keir Starmer continues to face the threat of a major rebellion during a key vote on welfare reforms later – despite making last-minute concessions to disgruntled Labour MPs.
Work and Pensions Secretary Liz Kendall has confirmed that all existing claimants of the personal independence payment (PIP), the main disability benefit, will be protected from changes to eligibility.
The combined value of the standard Universal Credit allowance and the health top-up will rise “at least in line with inflation” every year of this parliament.
And an additional £300m for employment support for sick and disabled people in 2026 has been announced, which will rise every year after.
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Welfare cuts ‘needed to be made’
Ms Kendall has also promised that a consultation into PIP – “co-produced” with disabled people – will be published next autumn.
She said the U-turn on welfare cuts will cost taxpayers about £2.5bn by 2030 – less than half the £4.8bn the government had expected to save with its initial proposals.
Modelling by Ms Kendall’s own department, released yesterday, suggested the proposals would push 150,000 more people into poverty by 2030, down from the 250,000 estimated under the original plan.
But after announcing the U-turns, Labour MPs were still publicly saying they could not back the plans as they do not go far enough to allay their concerns.
Disabilities minister Stephen Timms would not say he was “confident” the proposals would pass the Commons when asked on Sky News’ Politics Hub with Sophy Ridge.
“We’ve got a very strong package, I certainly hope it passes,” he replied.
Read more: What are the concessions to the welfare reform bill?
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‘Disabled people thrown under the bus’
A total of 86 charities united yesterday to call on MPs to reject the reforms, saying they will harm disabled people and calling it “a political choice”.
The likes of Oxfam, Child Action Poverty Group, Mind and Shelter said the bill has been brought to a vote without consulting disabled people and without any assessment “of its impact on health and employment outcomes”.
When asked to name “a single” disability organisation in favour of the reforms, Ms Kendall declined to do so.
Several Labour MPs indicated they would still vote against the changes, leaving the government in the dark over how big a rebellion it still may face.
Ms Kendall tried to allay their fears, telling MPs: “I believe we have a fair package, a package that protects existing claimants because they’ve come to rely on that support.”
Richard Burgon presented a petition to parliament yesterday evening against the cuts, signed by more than 77,000 people.
Several Labour MPs questioned why the vote was going ahead before the review into PIP is published – including Rachael Maskell, who said she could not “countenance sick and disabled people being denied support” and added: “It is a matter of conscience.”
Connor Naismith said the concessions “undoubtedly improve efforts to secure welfare reform which is fair”, but added: “Unfortunately, I do not believe these concessions yet go far enough.”
Labour rebel Nadia Whittome said the government was ‘ignoring’ disabled people
Nadia Whittome accused the government of “ignoring” disabled people and urged ministers to go “back to the drawing board”.
Ian Byrne told the Commons he will vote against the “cruel cuts” to disability benefits because the “so-called concessions go nowhere near far enough”.
The vote will take place this evening, with coverage on Sky News’ Politics Hub live blog and on TV.
Other crypto firms are also reportedly considering applying for a national bank charter, following in the footsteps of Anchorage Digital Bank, which received a license in 2021.
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data.
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