Figures gathered by New Scientist show that UK police forces have seized bitcoin and other cryptocurrencies worth more than £300 million during criminal investigations.Technology 5 January 2022
Bitcoin has no physical form, so is hard to track
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POLICE forces across the UK have seized bitcoin and other cryptocurrencies valued at almost a third of a billion pounds during criminal investigations, New Scientist can reveal. But this figure may be only a tiny fraction of the illicit funds being used in the UK, because police face significant technological and legislative hurdles when investigating crimes involving cryptocurrencies.
Freedom of information (FOI) requests made by New Scientist show that 12 of the UK’s 48 police forces have seized cryptocurrency in …