London police have seized £ 114 million in cryptocurrency. Police claim that it is a record quantity when it comes to seized cryptocurrencies in the UK.
What kind of cryptocurrency is involved, the London police do not say. Police do say that the cryptocurrency was seized after investigations by detectives specializing in money laundering. The detectives received information on “the transfer of Criminal assets.” According to the police, the investigation is still ongoing.
Police report that it is the largest cryptocurrency seizure in the UK ‘and we think it is one of the largest in the world’. It’s definitively not true. It is not the largest in the world: US authorities seized 69,369 bitcoin linked to Silk Road last November.
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