Articles for tag: Cryptocurrency, Digital Currency, economic implications, money laundering, Public Finance, seized assets, UK government

Market News

Seized £5 Billion Bitcoin: A Potential Solution to Public Finance Gaps

A massive £5 billion worth of cryptocurrency seized from criminals may help address the UK’s public finance gap of £22 billion. This digital currency was confiscated during an investigation into Jian Wen, who was convicted for her role in laundering money from a £7 billion fraud scheme. The funds, once valued at £1.4 billion in ...

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