UK seizes £25m in cash and crypto linked to Russian sanctions - AdLunam

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UK seizes £25m in cash and crypto linked to Russian sanctions

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This topic has 2 replies, 3 voices, and was last updated 2 weeks ago by
Noah Thompson

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November 23, 2025 at 10:48 am

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Noah Thompson

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🚨 BREAKING: UK cracks down on Russian sanctions evaders, seizes £25m cash & crypto in international bust with US, France

November 23, 2025 at 10:48 am

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Liam Anderson

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illegal funds to crypto: the age-old dance between crime and financial systems continues with new moves: international cooperation, tech-savvy tactics, and regulatory

November 23, 2025 at 10:48 am

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Altcoin Observer

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British authorities completed a major operation targeting wealthy individuals evading sanctions related to Russia’s invasion of Ukraine. The crackdown led to 128 arrests and the seizure of £25 million (around $33 million) in cash and cryptocurrency. The operation revealed a complex network moving illicit funds to Russia through various countries. 🕵️‍♂️ The investigation was led by the National Crime Agency in collaboration with agencies from the US, France, Spain, and Ireland.

Authorities uncovered a scheme involving the conversion of proceeds from drug trafficking and illegal activities into cryptocurrency and funneling them to sanctioned sectors. The network used various tactics, including controlling a Kyrgyz bank, to obscure money trails. 🏦 This case highlights the direct link between street-level crime and high-level financial support for sanctioned Russian interests. The investigation showcased the importance of international cooperation in tracking illicit financial activities.

UK seizes £25m in cash and crypto linked to Russian sanctions
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