The Nanhua District Criminal Court issued confiscation orders against Raymondip Bedi and Patrick Mavanga, with amounts of £603,400 and £248,000 respectively, for a total of £851,400. The two previously promoted false cryptocurrency investments under names such as CCX Capital and Astaria Group. From 2017 to 2019, at least 65 investors suffered losses totaling £1,541,800. In July 2025, the two were sentenced to 5 years and 4 months and 6 years and 6 months respectively.
The FCA said that the recovered funds will be returned to victims. Even if fully executed, it would only cover about 55% of the losses. The defendants also have a three-month payment period; if they miss the deadline, they may face additional sentencing, and the debt will not disappear. This is a law-enforcement wrap-up, not a market tailwind. When you see the words “recovery,” do not interpret them as regulators loosening enforcement or a certain coin about to rise.
#英国FCA获法院令追缴85.1万英镑 $BTC $ETH $QNT
The FCA said that the recovered funds will be returned to victims. Even if fully executed, it would only cover about 55% of the losses. The defendants also have a three-month payment period; if they miss the deadline, they may face additional sentencing, and the debt will not disappear. This is a law-enforcement wrap-up, not a market tailwind. When you see the words “recovery,” do not interpret them as regulators loosening enforcement or a certain coin about to rise.
#英国FCA获法院令追缴85.1万英镑 $BTC $ETH $QNT
