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U.K. officials have frozen nearly $7.7M worth of illicit crypto assets in one year

By Monika Ghosh at 2025-04-01 17:52

Sentiment: Positive

U.K. authorities have frozen around $7.7 million (£6 million) worth of illicit crypto assets since April 2024, according to an investigation by MailOnline. Cryptocurrencies have become the asset of choice for criminals to launder illicit money and fund terrorism. To tackle this emerging threat, last year, the U.K. amended its rules to grant special power […] The post U.K. officials have frozen nearly $7.7M worth of illicit crypto assets in one year appeared first on CryptoSlate. Continue reading...

Categories: Crime

Tags: #Crime #Crypto #Featured

Source CryptoSlate