Article 5YQTD Crypto-crimewave forces police online to pursue ill-gotten assets

Crypto-crimewave forces police online to pursue ill-gotten assets

by
Rob Davies
from Technology | The Guardian on (#5YQTD)

Scams relating to digital coins' are growing - but data reveals authorities are making record seizures of assets too

In July 2021, specialist police officers in Manchester swooped on an international cryptocurrency scam, seizing USB sticks and an online safe containing 16m worth of digital coins, mostly ethereum.

A month earlier, Leicestershire police had confiscated 10 types of cryptocurrency after raiding the home of a drug dealer who used digital assets to buy and sell class A drugs.

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