UK Crime Agency Freezes $13.5 Million in Connection with Sorare Investigation

The UK crime agency has frozen approximately $13.5 million in cash following a court order issued in January 2025 by the Westminster Magistrates’ Court. This action is part of an ongoing investigation into Sorare, a blockchain-based fantasy football platform that is a sponsor of the Premier League. The investigation appears to focus on potential financial misconduct or regulatory issues involving the company.

Sorare, which combines digital collectibles with fantasy sports, has gained significant visibility through its sponsorship deals with major football organizations. The authorities' move indicates increased scrutiny of crypto companies involved in sports sponsorships and their financial practices.

Details about the specific allegations or the nature of the investigation have not been publicly disclosed. The frozen assets are part of efforts to secure potential assets related to the case, and further legal proceedings are anticipated.

This development underscores the growing regulatory focus on crypto firms with high-profile sponsorships and their compliance with financial laws. It also highlights the ongoing efforts by authorities to monitor and investigate the financial activities of crypto companies operating within the UK.