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
Three media companies will pay $539 million to settle SEC lawsuit
The Securities and Exchange Commission announced a fine of more than $500 million against the companies of Chinese businessman Guo Wengui.
The US plans to equate stablecoin issuers with banks
According to American media reports, the White House is considering introducing strict regulation against stablecoin issuers.
