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.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Redistribution of zones of influence on South Korean crypto exchanges
In September, the South Korean government introduced harsh measures against crypto exchanges. The “bloody massacre” led to the fact that out of several dozen sites, less than ten remained afloat. Between the survivors, something began that can be compared to the times of the 90s, through which the business of post-Soviet countries went through.
A register of Bitcoin wallets will be created in Belarus
The Republic of Belarus continues to form the legal framework for the crypto industry in the country. Authorities are introducing a register of crypto wallets that have been flagged for illegal activities.
