UK Police Seize Approximately $1.4 Million in Crypto Assets, Funds Traced to Defunct Dark Web Markets

August 29 news, according to Decrypt, UK police have seized 20.21 Bitcoin along with other cryptocurrencies and bank funds, totaling $1.4 million in value. The individual involved had a prior money laundering conviction and has since passed away. Investigators traced these assets to dark web markets that operated between 2016 and 2019 and were later shut down by law enforcement. Police stated that these now-defunct sites facilitated various criminal activities ranging from drug supply to human trafficking, though the specific names of the websites were not disclosed.