April 27, 2024

British police seize $ 435 million worth of cryptocurrencies

British Police Seized $435 Million in Cryptocurrencies

Over the past five years, the U.K.'s police force has seized around $435 million in cashcryptocurrencies from criminals.

The highest percentage of disclosure at Londonthe police. During this period, she managed to track and seize $ 398 million worth of cryptocurrency. Manchester police have confiscated $ 34 million worth of crypto assets.

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

The fight against the use of cryptocurrency in illegal activities continues around the world.

According to Chainalysis, scammers around the world made nearly $ 8 billion in 2021 from crypto-asset scams.

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