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Serious Fraud Office arrests two men over suspected £20m crypto fraud

Law enforcement agency raids two sites in West Yorkshire and London as it appeals for information

The Serious Fraud Office (SFO) has arrested two men as it launched an investigation into a suspected £20m cryptocurrency fraud.

The law enforcement agency raided two sites in West Yorkshire and London as it appealed for information about $28m (£21.4m) invested into a cryptocurrency scheme called Basis Markets.

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© Photograph: Russell Hart/Alamy

© Photograph: Russell Hart/Alamy

© Photograph: Russell Hart/Alamy

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Uber hit with legal demands to halt use of AI-driven pay systems

Proposed legal case understood to allege that app has breached data protection law varying driver pay rates

Uber has been hit with legal demands to stop using its artificial intelligence driven pay systems, which have been blamed for significantly reducing the incomes of the ride hailing app’s drivers.

A letter before action – sent to the US company by the non-profit foundation, Worker Info Exchange (WIE), on Wednesday is understood to allege that the ride hailing app has breached European data protection law by varying driver pay rates through its controversial algorithm.

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© Photograph: Russell Hart/Alamy

© Photograph: Russell Hart/Alamy

© Photograph: Russell Hart/Alamy

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