British police seized $435 million worth of cryptocurrencies

British police seized $435 million worth of cryptocurrencies

Over the past five years, UK police forces have seized approximately $435 million in cryptocurrencies from criminals.

The London police have the highest clearance rate. During this period, she managed to track and seize $398 million worth of cryptocurrency. Manchester police seized $34 million worth of crypto assets.

Bitcoin accounted for 99.9% of the digital assets seized. One percent came from Ethereum, Dash, Monero, and Zcash.

The fight against the use of cryptocurrencies in illicit activities continues around the world.

According to Chainalysis, scammers around the world earned almost $8 billion in 2021 from crypto asset scams.

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