London Money Laundering Raid Nets Almost $250 Million in Bitcoin
Patricia Claus, 13 July 2021
London’s Metropolitan police seized nearly £180 million ($248,993,100) of bitcoin on Saturday as part of a money laundering investigation.
The seizure, announced on Tuesday, is only the latest in a string of such raids, including the confiscation of £114 million ($157,567,950) of the cryptocurrency last month. Police spokesmen told the press that criminal organizations were using cryptocurrency, including bitcoin, as a way to launder their ill-gotten takings. Continue reading “Article: London Money Laundering Raid Nets Almost $250 Million in Bitcoin”
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