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Paul Chowles, a UK National Crime Agency (NCA) officer, faces multiple charges over allegations that he stole 50 Bitcoin
$84,161.20
during a 2017 investigation.
The accused is set to appear in court on April 25, 2025. Prosecutors claim he took the Bitcoin while working on a case targeting online organized crime. The Merseyside Police, which has been investigating the matter, allege that Chowles mishandled digital assets during the operation.
The Crown Prosecution Service (CPS) has listed 15 charges against him, covering theft and the handling of criminal property.
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This includes 11 counts of “concealing, disguising, or converting criminal property”, three counts of “acquiring, using, or possessing criminal property”, and a single charge of theft.
The NCA, which handles cybercrime and financial offenses, has expanded its authority in recent years. Since 2024, it has had the power to seize and freeze cryptocurrency linked to criminal activity without requiring an arrest.
Malcolm McHaffie, Head of the CPS Special Crime Division, stated:
The Crown Prosecution Service reminds all concerned that criminal proceedings against this defendant are now active and that he has the right to a fair trial.
He also urged the public to avoid discussing the case online to prevent any interference.
Meanwhile, a South Korean official stole $342,000 in public funds, including disaster relief donations. How were the funds used? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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