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

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

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

UK Police Discover £180 Million in Crypto Linked to Criminal Transfers

Law enforcement officials in the U.K. have announced the seizure of a record amount of cryptocurrency during an ongoing investigation into international money laundering. Detectives said they confiscated almost £180 million (close to $250 million) worth of crypto without providing more details about the type of coins and how they were seized.

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“This is believed to be one of the largest seizures globally and tops the £114 million confiscation made by the Met on Thursday, 24 June,” the U.K.’s Metropolitan Police Service (MPS) remarked in a press release published on its website Tuesday morning.

Both seizures were conducted by members of the Economic Crime Command of the MPS, Scotland Yard noted.

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