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Friday, Oct 15, 2021
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Metropolitan Police seize record £114 million of Bitcoin
Scotland Yard has seized £114 million of Bitcoin as part of an investigation into money laundering offences.
The Metropolitan Police said the sum is more than double the amount of cash seized last year and was the largest cryptocurrency confiscation in the UK.
One bitcoin is currently worth around £25,000, having fallen from a peak in April of £47,126.48, meaning the sum confiscated may have been worth nearly double two months ago.
The Bitcoin value of the assets seized by the force’s Economic Crime Command following up intelligence received about the transfer of criminal assets is not known and the investigation is continuing.
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Ex-Boeing 737 MAX chief technical pilot indicted for fraud
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Robert Durst sentenced to life in prison for 2000 murder of friend Susan Berman
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Morgan Stanley upgrades China property to 'attractive' despite default fears
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Microsoft shutting down LinkedIn in China
Microsoft is shutting down its social network, LinkedIn, in China, saying having to comply with the Chinese state has become increasingly challenging.
Key price measure rises at fastest rate on record
China's "factory gate" prices - a measure of what manufacturers charge wholesalers for products - grew at the fastest rate on record last month.
'No need to convince the haters you're worthy'
Michele Roberts, executive director of the National Basketball Players Association, shares her CEO Secrets.
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