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Project Overview
Sorare is a fantasy football game that is based on NFTs. Players can trade and play with officially licensed digital cards.
UK NCA freezes $13.6 million in Premier League funds amid investigation into Sorare crypto fantasy game
According to Decrypt, the UK National Crime Agency (NCA) froze approximately $13.6 million (around £10.02 million) in Barclays' account for the Premier League under the Proceeds of Crime Act. This amount represents the initial sponsorship payment made by crypto fantasy football card game Sorare to the Premier League, stemming from a four-year sponsorship agreement worth roughly $163 million (£120 million) signed by both parties in January 2023. The NCA stated that the freeze was implemented to prevent the transfer of funds while investigating its link to "potential third-party criminal activity," with the Premier League itself facing no allegations of misconduct. Concurrently, Sorare is confronting a separate prosecution from the UK Gambling Commission, which alleges it provided gambling services without a valid operating license. The trial has been postponed until June 2027. Sorare denies that its product falls under gambling regulations, firmly asserting that gameplay is centered on skill rather than chance.
UK's National Crime Agency Freezes Over $13.6 Million in Sorare Sponsorship Funds from Premier League Accounts
Odaily News The UK's National Crime Agency (NCA) has frozen over $13.6 million in funds held in Barclays bank accounts belonging to The Football Association Premier League Limited, the operating entity of the Premier League. The agency obtained a court order from Westminster Magistrates' Court in January 2025, freezing the funds under the Proceeds of Crime Act.The funds represent the first installment of a four-year sponsorship agreement with Sorare, announced in January 2023, which allowed Sorare to issue digital player cards for the 20 Premier League clubs. Sorare's partnership with the Premier League has concluded as of the 2025-26 season.Sorare also faces prosecution by the UK Gambling Commission, accused of offering gambling facilities without an operating license. The company has entered three not-guilty pleas, with the trial scheduled for June 2027. Sorare maintains that its game rewards skill rather than chance and denies that it constitutes a gambling product under UK law. (Decrypt)
Related news
UK National Crime Agency Freezes Millions in Sorare Assets
The UK National Crime Agency announced the freezing of assets belonging to NFT platform Sorare, seizing approximately £1 million in funds. The case involves cryptocurrency fraud and money laundering using proceeds from the Binance hack.
UK NCA freezes $13.6 million in Premier League funds amid investigation into Sorare crypto fantasy game
According to Decrypt, the UK National Crime Agency (NCA) froze approximately $13.6 million (around £10.02 million) in Barclays' account for the Premier League under the Proceeds of Crime Act. This amount represents the initial sponsorship payment made by crypto fantasy football card game Sorare to the Premier League, stemming from a four-year sponsorship agreement worth roughly $163 million (£120 million) signed by both parties in January 2023. The NCA stated that the freeze was implemented to prevent the transfer of funds while investigating its link to "potential third-party criminal activity," with the Premier League itself facing no allegations of misconduct. Concurrently, Sorare is confronting a separate prosecution from the UK Gambling Commission, which alleges it provided gambling services without a valid operating license. The trial has been postponed until June 2027. Sorare denies that its product falls under gambling regulations, firmly asserting that gameplay is centered on skill rather than chance.
UK's National Crime Agency Freezes Over $13.6 Million in Sorare Sponsorship Funds from Premier League Accounts
Odaily News The UK's National Crime Agency (NCA) has frozen over $13.6 million in funds held in Barclays bank accounts belonging to The Football Association Premier League Limited, the operating entity of the Premier League. The agency obtained a court order from Westminster Magistrates' Court in January 2025, freezing the funds under the Proceeds of Crime Act.The funds represent the first installment of a four-year sponsorship agreement with Sorare, announced in January 2023, which allowed Sorare to issue digital player cards for the 20 Premier League clubs. Sorare's partnership with the Premier League has concluded as of the 2025-26 season.Sorare also faces prosecution by the UK Gambling Commission, accused of offering gambling facilities without an operating license. The company has entered three not-guilty pleas, with the trial scheduled for June 2027. Sorare maintains that its game rewards skill rather than chance and denies that it constitutes a gambling product under UK law. (Decrypt)
Messi Joins the Global "Ten Billion Dollar Wealth Club": Has Ventured into NFTs and Invested in Soccer Blockchain Gaming Companies Like Sorare
: Messi officially joined the global "Ten Billion Dollar Wealth Club" this June, with a net worth of $1.1 billion. Among his achievements, Messi has also made notable investments in the crypto and blockchain sectors. He has ventured into the NFT (non-fungible token) space, issued digital collectibles, and laid out plans in the metaverse economy. Additionally, he has invested in blockchain soccer gaming companies such as Sorare, as well as tech startups. Since 2014, Messi has never fallen out of the top five in Forbes' list of the world's highest-paid athletes, and he topped the list in 2019 and 2022. (Forbes)
Lionel Messi Joins the Global “Billion-Dollar Club”: Previously Engaged in NFTs and Has Invested in Football Blockchain Gaming Companies Such as Sorare
According to Forbes, Messi officially joined the global “Billionaire Club” in June this year, with a net worth of $1.1 billion. His investments in the cryptocurrency and blockchain sectors have also achieved notable success: he has ventured into the NFT (non-fungible token) space by launching digital collectibles and positioning himself in the metaverse economy. Additionally, he has invested in blockchain-based football gaming companies such as Sorare, as well as technology startups.
Decentralized card game fantasy.top will cease operations by the end of June.
The decentralized card game fantasy.top will cease operations by the end of June. The primary reason is that the long-term economic viability of the TCG (trading card game) model has revealed inherent limitations. Similar to other consumer-facing crypto products previously launched in this space—such as TopShot and Sorare—the trading volume has proven insufficient to sustain long-term operations. Over the past year, the team explored multiple product concepts and iterative directions within the social domain, yet none achieved lasting product-market fit. The main Fantasy tournaments will continue until June 18, after which all remaining rewards will be fully distributed and all Hero payouts completed. Additionally, the prediction market, prize pool, lobby, King of the Hill, Arena, Influence, and all associated gameplay features will cease operations starting May 21. Unused paid Arena tickets will be refunded.