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

According to Decrypt, UK police have seized 20.21 Bitcoin along with other cryptocurrencies and bank funds, totaling $1.4 million. 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 they did not disclose specific site names.