Daily Mail

Police seize record £114m of Bitcoin

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SCOTLAND Yard has carried out the biggest Bitcoin seizure in British history, finding a staggering £114 million in a suspect’s account yesterday.

Specialist detectives investigat­ing a tip-off about criminal assets uncovered an astonishin­g sum of cryptocurr­ency being laundered in the UK. The bumper profits of a criminal network discovered by detectives from the Economic Crime Command represent one of the largest cryptocurr­ency seizures in the world.

Last night details of the colossal money laundering operation were being kept secret as officers seek to trace those responsibl­e. But Scotland Yard vowed the investigat­ion by specialist financial investigat­ors would continue until the culprits were brought to justice.

The sum captured is more than 0 times the amount of cash seized from criminals by the force in the last financial year. Deputy Assistant Commission­er Graham McNulty said of the landmark Bitcoin seizure: ‘Every single part of the Met is working to reduce violence on the streets of London as an absolute priority, this includes our financial investigat­ors. There is an inherent link between money and violence.’

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