UK’s £1M Crypto Seizure Shows Bitcoin Transactions Are Traceable

• UK police seized 20.21 BTC in their largest crypto forfeiture since April 2024.
• Investigators traced darknet-linked Bitcoin activity from 2016–2019. 
• The case shows crypto remains traceable for years under new UK enforcement powers. 

Avon and Somerset Police have carried out their largest cryptocurrency seizure since new crypto-wallet freezing powers came into force in April 2024, forfeiting 20.21 Bitcoin in a case linked to years-old darknet activity. The case highlights how blockchain transactions can remain traceable long after the original crimes.

The force said investigators recovered assets worth £1,032,487.86, including Bitcoin, other cryptocurrencies, and bank funds, by tracing holdings tied to darknet marketplaces active between 2016 and 2019. The subject of the investigation, who has since died, had previously been convicted of money laundering offe…

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