UK Hires Crypto Expert to Track Hidden Digital Assets

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UK Hires First Crypto Expert to Track Hidden Digital Assets

Written by Aaron S.,

Editor-In-Chief

Last Updated: June 10, 2025

Key Takeaways

The UK has hired its first crypto expert to help recover hidden digital assets in bankruptcy and fraud cases;
Crypto-linked insolvency cases rose 420% in five years, with over £523,000 in assets found;
Andrew Small will guide investigations into coins, NFTs, and other digital holdings.

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UK Hires First Crypto Expert to Track Hidden Digital Assets

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On June 9, the UK government has brought in a new expert to help track down crypto assets in bankruptcy and fraud investigations.

Andrew Small, a former police officer with experience in financial crime, has joined the Insolvency Service as its first specialist in crypto intelligence.

His primary task will be to assist in identifying and recovering digital assets that have not been declared in insolvency cases. He will also support investigators who deal with companies or individuals that owe money and may be hiding part of their funds in crypto.

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The number of insolvency cases involving digital assets has grown in recent years. Over the last five years, there has been a 420% increase in cases involving cryptocurrency. The value of digital assets found in these cases also reached over £523,000.

Small said that as more people in the UK have started using crypto, it is also becoming more common to find it in bankruptcy cases. He explained that, even when stored online, cryptocurrencies can still be traced and recovered, as long as investigators understand how the technology works.

His role is to provide advice on various types of digital currencies and their storage, purchase, and sale. This includes cryptocurrencies like Bitcoin BTC $108,999.65 and Ethereum ETH $2,779.73 , meme coins such as Dogecoin DOGE $0.1966 , and non-fungible token (NFT) artwork.

The Monetary Authority of Singapore (MAS) recently announced new regulations for overseas crypto services in the country. What did they say? Read the full story.