UK Agency Freezes $13.5M in Sorare Probe Over Unlicensed Gambling Claims
The UK's National Crime Agency (NCA) has frozen $13.5 million in connection with an investigation into online sports company Sorare.
Sorare is a digital trading card platform on the blockchain that signed a four-year, $162-million partnership deal with the Premier League in 2023.
The deal was terminated at the end of last season, but not before the NCA received an order from Westminster magistrates' court to freeze the funds in January 2025.
The agency's spokesperson said the move was intended 'to prevent dissipation of the funds while the NCA investigates any potential links between those funds and alleged third-party criminality.'