šØ Breaking News in Crypto! šš¼
š Reports from Arkham Intelligence reveal the UK government's seizure of 61,000 Bitcoins (approx. $4.1 billion) linked to a 2018 investment fraud scheme. šµļøāāļø Suspect Zhiming Qian, allegedly involved, had eluded authorities until July 2021.
š Key Highlights:
šø Amount Seized: $4.1 billion š«
š¤ Suspect: Zhiming Qian šµļøāāļø
š Accessible to Govt: July 2021 šļø
š Legal Developments:
š New UK law on April 26, 2024
š®āāļø National Crime Agency empowered to seize crypto assets
š« Conviction not required for asset seizure
š” **Impact on Crypto Regulation:**
š Evolving landscape of crypto enforcement
š UK adapts to combat digital crime
š Stay tuned for more updates!
š¼ #Cryptocurrency #Regulation #UKGovernment #ArkhamIntelligence #Write2Earn š”$BTC $ETH $BNB