The Metropolitan Police’s Economic Crime Command led the arrests during Operation Galafarm, targeting fraudulent investment schemes that exploited unsuspecting investors.
More than £15 million (approximately 20 million USD) was allegedly laundered through shell companies, prompting search warrants executed across six locations in London.
UK law enforcement agencies are intensifying actions against crypto crime, with new powers allowing easier seizure of criminal assets, reflecting a growing concern regarding illicit crypto activity in the region.
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