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[UK Serious Fraud Office Investigates Basis Markets with Involved Amount of Approximately $28 Million] The UK Serious Fraud Office (SFO) is investigating the cryptocurrency scam Basis Markets. The platform raised approximately $28 million at the end of 2021 through NFT sales and cryptocurrency hedge funds. With the assistance of the London Metropolitan Police and West Yorkshire Police, the SFO has arrested two men in their 30s and 40s, accusing them of multiple counts of fraud and money laundering. Investigators are urging informed investors to provide relevant information to assist with the investigation.

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