UK authorities have frozen $13.5 million as part of an ongoing investigation into Sorare, a cryptocurrency-based fantasy football game that sponsors the Premier League. This action followed a court order in January 2025.
British authorities have frozen $13.5 million in cash. This action is part of an ongoing investigation into Sorare, a company known for its fantasy football game. Sorare uses NFTs, which are unique digital items on a blockchain, to represent player cards. The company is also a sponsor of the Premier League, England's top football league. A court order from Westminster Magistrates’ Court in January 2025 allowed the freezing of these funds. This move highlights increasing scrutiny from financial crime agencies on Web3 companies that operate in the mainstream sports world.
