British police seized $ 250 million in crypto

British police seized $ 250 million in crypto

The step, 250. to take Million dollars The UK Police’s cryptocurrency exchange takes place a little over two weeks after the country’s authorities ban the Binance cryptocurrency exchange.

On July 13th, the Metropolitan Police discovered the transfer of criminal property and decided to confiscate it 249 Million dollars illegal cryptocurrencies. According to Business Insider, the Metropolitan Police made no mention of the seized cryptocurrency.

The UK Economic Crimes Command’s team of investigators is focused on investigating the case of the seizure of cryptocurrencies on suspicion of illegal funds being linked to cross-border money laundering.

The Metropolitan Police Department had previously arrested a 39-year-old woman on June 24 on suspicion of being involved in money laundering. On the same day, £ 114 million (approx 158 Million dollars) Cryptocurrency was seized by the British police.

“Criminals conduct money laundering transactions in different ways. While cash is still king in the criminal world, the evolving digital platform is still paving the way for crypto criminals to commit illegal acts, “said Graham McNulty, deputy assistant commissioner, Police Metropolitan.

According to Business Insider, the UK police will expand the scope of the investigation to identify those involved in money laundering.

In the United States, a criminal who stole the identity of credit card holders was pocketed $ 500,000 and make Bitcoin purchases. According to the Seattle Federal Court, the perpetrator was arrested and sentenced to three years in prison.

Linh Do

Zing.vn