The UK Insolvency Office has appointed its first crypto asset commissioner to recover digital assets such as bitcoin
2025-06-09 22:25:17
The UK Insolvency Service has appointed Andrew Small, a former police detective, as its first full-time crypto intelligence specialist, with the aim of improving the tracking and recovery of digital assets such as bitcoin in insolvency and criminal cases. The number of insolvency cases involving crypto assets has increased by 420% in the past five years, and the total value of assets involved has soared from about £1,400 in 2019/20 to more than £520,000 in 2024/25. The new position will help the Insolvency Service recover crypto assets held by debtors more efficiently, thereby recovering more losses for creditors and the UK economy.
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