British police seize record $250m in cryptocurrency

The Metropolitan Police said in another major seizure of digital currencies. This time the total value of the coins was around £180m ($250m).

The operation was carried out by the Economic Crime Department, based on information about the movement of criminal assets. The seizure was conducted as part of an ongoing investigation into an international money-laundering scheme.

On 24 June, police detained and questioned a 39-year-old suspect in the case. She was later released on bail.

Police did not provide any further details about the operation.

London police had previously set the record for cryptocurrency seizures worth £114m ($158m) at the end of June.

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