UK police seize 133 million euros of cryptocurrency after money laundering investigation

London police have seized £114 million worth of cryptocurrency. Converted, this is about 133 million euros. Police claim it is a record amount of seized cryptocurrencies in the United Kingdom.

What kind of cryptocurrency is it, the London police say no. The police do say that the cryptocurrency was seized after investigations by detectives specializing in money laundering crime. The detectives received information about ‘the transfer of criminal assets’. The investigation is still ongoing, according to police.

The police write that it is the largest cryptocurrency seizure in the UK “and we think one of the largest in the world.” It is not the largest in the world anyway; for example, US authorities seized 69,369 bitcoins related to Silk Road last November. At the time that was about 813 million euros.