CRYPTO ML CASES GROW WORLDWIDE, PROMPTING REGULATORY RESPONSE
June 27th, 2022
A spate of recent high-profile investigations into suspected money laundering through cryptocurrency and a failure to prevent it have drawn attention to the capacity of law enforcement to tackle AML/CFT activity in the crypto sphere.
In July 2021, the UK’s Metropolitan Police force in London said it had seized a record GBP180 million (USD219 million) worth of cryptocurrency linked to international money laundering. (1) The haul was, and for now remains, the largest ever seizure of its kind in the UK, eclipsing the previous record of GBP114 million (USD139 ...
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