Tuesday, July 13, 2021
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
All News
  • Home
  • Business
  • Technology
    • Tech News
    • Tech Reviews
  • Finance
  • Marketing & Advertising
  • Investment
  • Cryptocurrency
No Result
View All Result
  • Home
  • Business
  • Technology
    • Tech News
    • Tech Reviews
  • Finance
  • Marketing & Advertising
  • Investment
  • Cryptocurrency
No Result
View All Result
All News
No Result
View All Result

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency – Bitcoin News

by All News Admin
July 13, 2021
in Cryptocurrency
0
Home Cryptocurrency
Share on FacebookShare on TwitterShare on Email


Britain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as a part of a cash laundering investigation. The announcement comes simply weeks after Scotland Yard confiscated £114 million in crypto, breaking the earlier document.

UK Police Uncover £180 Million in Crypto Linked to Felony Transfers

Legislation enforcement officers within the U.Okay. have introduced the seizure of a document quantity of cryptocurrency throughout an ongoing investigation into worldwide cash laundering. Detectives mentioned they confiscated virtually £180 million (near $250 million) price of crypto with out offering extra particulars about the kind of cash and the way they had been seized.

“That is believed to be one of many largest seizures globally and tops the £114 million confiscation made by the Met on Thursday, 24 June,” the U.Okay.’s Metropolitan Police Service (MPS) remarked in a press launch printed on its web site Tuesday morning.

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency

Each seizures had been performed by members of the Financial Crime Command of the MPS, Scotland Yard famous. The investigators acted on intelligence obtained by the British police pertaining to the switch of felony property.

“Lower than a month in the past we efficiently seized £114 million in cryptocurrency. Our investigation since then has been advanced and wide-ranging,” Detective Constable Joe Ryan commented, emphasizing that his colleagues have labored laborious to hint the cash and establish the criminality it could be linked to. He additional mentioned:

At this time’s seizure is one other important landmark on this investigation which is able to proceed for months to come back as we hone in on these on the centre of this suspected cash laundering operation.

As a part of the investigation, law enforcement officials arrested a 39-year-old lady on June 24 who’s suspected of cash laundering offences. She was interviewed in relation to the invention of the £180 million crypto stash on Saturday, July 10, and has since been launched on bail till an unspecified date in late July.

Scotland Yard Improves Its Experience in Cryptocurrency

Proceeds from crime might be laundered in many alternative methods, Deputy Assistant Commissioner Graham McNulty famous. And whereas “money nonetheless stays king” within the felony world, the event of digital platforms has elevated using cryptocurrency to launder soiled cash from organized crime.

In the meantime, Scotland Yard has been bettering its experience within the subject over the previous few years and McNulty acknowledged:

While some years in the past this was pretty unchartered territory, we now have extremely skilled officers and specialist models working laborious on this area to stay one step forward of these utilizing it for illicit achieve.

Based on the regulation enforcement official, police detectives have put numerous effort into tracing the hundreds of thousands of kilos price of cryptocurrency on this newest case. “These linked to this cash are clearly working laborious to cover it. Our investigation will cease at nothing to disrupt the switch and establish these concerned,” McNulty was quoted as saying.

What do you consider the large crypto seizure introduced by the British police? Tell us within the feedback part beneath.

Tags on this story
britain, british, Case, confiscation, Crypto, Cryptocurrencies, Cryptocurrency, detectives, Investigation, investigators, Cash Laundering, Police, document, Scotland Yard, Seizure, U.Okay., uk

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct supply or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.





Source link

Tags: bitcoinCryptocurrencymillionNewspoliceRecordSeizingsetWorth
Previous Post

Tinder swipes right to partner with Netflix for its Indian dating show

Next Post

Infinix Note 10 Pro Review: Go Big or Go Home

Related Posts

Cryptocurrency

Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus

July 13, 2021
Cryptocurrency

South Korean Bank Woori Financial to Offer Crypto Custody Services – Bitcoin News

July 13, 2021
Cryptocurrency

Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent

July 13, 2021
Cryptocurrency

Baby Doge Sheds Over 40% This Week Despite NASCAR Debut and Animal Shelter Donation – Markets and Prices Bitcoin News

July 12, 2021
Cryptocurrency

Bitcoin price will see breakout ‘during this week’ says trader with $38K target

July 12, 2021
Cryptocurrency

FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats – Bitcoin News

July 12, 2021
Load More
Next Post

Infinix Note 10 Pro Review: Go Big or Go Home

Double Your Workspace with This Portable Dual Screen Display

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECENT UPDATES

Double Your Workspace with This Portable Dual Screen Display

July 13, 2021

Infinix Note 10 Pro Review: Go Big or Go Home

July 13, 2021

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency – Bitcoin News

July 13, 2021

Tinder swipes right to partner with Netflix for its Indian dating show

July 13, 2021

Sharp fall in voluntary disclosures from landlords about tax owed

July 13, 2021

Inside Subway’s superstar-studded Refresh campaign

July 13, 2021

PepsiCo, JPMorgan, Boeing and others

July 13, 2021

Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus

July 13, 2021

Classic Loki Richard E. Grant on Doctor Who Comparisons and the Suit’s Great Disappointment

July 13, 2021

OnePlus 9 throttling: Manufacturer goes on the defensive

July 13, 2021

Bank of England warns of increased risk-taking and reliance on cloud computing– business live | Business

July 13, 2021
Load More
Facebook Twitter LinkedIn Tumblr
All News

Get the latest news and follow the coverage of Business, Finance, Tech, Marketing & Advertising, crypto updates and more from the top trusted sources.

Categories

  • Business
  • Cryptocurrency
  • Finance
  • Investment
  • Marketing & Advertising
  • Tech News
  • Tech Reviews
No Result
View All Result

Site Map

  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2021 All News.
All News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Technology
    • Tech News
    • Tech Reviews
  • Finance
  • Marketing & Advertising
  • Investment
  • Cryptocurrency

Copyright © 2021 All News.
All News is not responsible for the content of external sites.

  1. https://radlab.org/
  2. https://hutanpapua.id/
  3. https://bangkutaman.id/
  4. https://rmolsorong.id/
  5. https://investigasi.id/
  6. https://www.transloka.id/
  7. https://www.desbud.id/
  8. https://allnews.id/
  9. https://karangtanjung-desa.id/
  10. https://barka.starcarehospital.com/
  11. https://mabela.starcarehospital.com/
  12. https://seeb.starcarehospital.com/
  13. https://bousher.starcarehospital.com/
  14. https://jaknaker.id/
  15. https://www.inklusikeuangan.id/
  16. https://starcarehospital.com/
  17. https://beechhotel.com/
  18. tradition-jouet.com
  19. agriculture-ataunipress.org
  20. eastgeography-ataunipress.org
  21. literature-ataunipress.org
  22. midwifery-ataunipress.org
  23. planningdesign-ataunipress.org
  24. socialsciences-ataunipress.org
  25. communication-ataunipress.org
  26. surdurulebiliryasamkongresi.org
  27. surdurulebilirkentselgelisimagi.org
  28. www.kittiesnpitties.org
  29. www.scholargeek.org
  30. addegro.org
  31. www.afatasi.org
  32. www.teslaworkersunited.org
  33. www.communitylutheranchurch.org
  34. www.cc4animals.org
  35. allinoneconferences.org
  36. upk2020.org
  37. greenville-textile-heritage-society.org
  38. www.hervelleroux.com
  39. crotonsushi.com
  40. trainingbyicli.com
  41. www.illustratorsillustrated.com
  42. www.ramona-poenaru.org
  43. esphm2018.org
  44. www.startupinnovation.org
  45. www.paulsplace.org
  46. www.assuredwomenswellness.com
  47. aelclicpathfinder.com
  48. linerconcept.com
  49. palembang-pos.com
  50. dongengkopi.id
  51. jabarqr.id
  52. wartapenilai.id
  53. isrymedia.id/
  54. onemoreindonesia.id
  55. yoyic.id
  56. beritaatpm.id
  57. kricom.id
  58. kongreskebudayaandesa.id
  59. puspresnas.id
  60. ubahlaku.id
  61. al-waie.id
  62. pencaker.id
  63. bpmcenter.org
  64. borobudurmarathon.id
  65. festivalpanji.id
  66. painews.id
  67. quantumbook.id