England’s top soccer league has found itself caught up in a crypto investigation. On Tuesday, reports emerged that the U.K.’s National Crime Agency has frozen £10 million (around $13.5 million) held in a bank account linked to the Premier League.
The Sun first reported the news and disclosed that the investigation was part of an inquiry involving crypto gaming platform Sorare. The NCA did not specify what crimes it was investigating in connection with Sorare. It said only that it is looking into possible links between Sorare’s payments under a licensing deal with the Premier League and alleged criminal activity by third parties, according to the news report. Authorities froze the money to prevent it from being transferred as the investigation continues.
