UK report calls for more training for judges on crypto, AI crimes

The UK government has issued a report recommending that judges receive enhanced training to combat cryptocurrency money laundering and AI-driven fraud, Decrypt reported. The report highlights that fraud now constitutes over half of all crime in England and Wales, with more than half of all investment scams linked to crypto. It also raised concerns that while local courts are increasingly handling complex international financial crimes, judges may lack the necessary background knowledge and experience to address them effectively.