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š„š„š„ Huge update about $BTC š„š„š„
A London resident holding $2.5 billion in Bitcoin faces tax evasion charges. Jian Wen, a Chinese national living in North London, tried to purchase expensive properties in London in 2017 but faced tax hurdles.
Instead, she bought jewelry in Zurich and luxury properties in Dubai in 2019. After an extensive investigation by the Metropolitan Police, a Bitcoin stash initially valued at $2.52 billion, now estimated at around $4.28 billion, was seized. This marks the largest seizure of its kind in the UK. The Crown Prosecution Service has obtained a freezing order from the High Court, potentially leading to the forfeiture of the BTC stash. Inspector Jason Prins stated, "This decision and the five-year investigation demonstrate our commitment to pursuing criminals who seek to profit from illegal assets, regardless of the case's complexity." #cryptonews #legalaction