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UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe

Published Source: CoinDeskRead original

Crypto Insight Summary: Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier League. Crypto Insight Analysis: Direction: Bearish Sorare Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory scrutiny on Sorare's sponsorship deal may impact investor sentiment.

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UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe — Crypto Insight