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UK Police Seize $250M Worth of Crypto

The haul comes only weeks after a then-record $158 million of crypto was confiscated by Greater London's police force.

Автор Jamie Crawley
Обновлено 10 дек. 2022 г., 9:29 p.m. Опубликовано 13 июл. 2021 г., 8:07 a.m. Переведено ИИ
UK Metropolitan police

Police in the U.K. have seized a record £180 million (US$250 million) worth of cryptocurrency as part of a money-laundering probe, breaking a record set only weeks ago.

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  • The crypto was discovered by detectives in the Economic Crime Command division of the Metropolitan Police, the law enforcement service for the Greater London area, a statement Tuesday said.
  • Detectives were responding to intelligence about the transfer of criminal assets.
  • The news comes only weeks after £114 million ($158 million) was confiscated by the Met on June 24, at the time the largest-ever seizure by U.K. police.
  • Police arrested a 39-year-old woman on June 24 on suspicion of money laundering offenses. She was subsequently released on bail.
  • The same woman was interviewed under caution in relation to the latest discovery, and has been on bail until late July.
  • Detective Constable Joe Ryan said the investigation will "continue for months to come."

Read more: UK Police Raid Suspected Cannabis Factory, Find Bitcoin Mining Operation

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

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  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Asia Morning Briefing: Data shows legacy media took a more balanced view of bitcoin in 2025

Bitcoin (TheDigitalArtist/Pixabay)

Media attention shifted from bitcoin’s environmental footprint to crime and kidnapping in 2025, while overall sentiment remained broadly neutral, according to crypto intelligence platform Perception.

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  • In 2025, mainstream media coverage of Bitcoin became more balanced, with neutral reporting surpassing negative stories.
  • The shift in narrative was driven by the exhaustion of earlier critiques rather than increased enthusiasm for Bitcoin.
  • AI emerged as the dominant topic in media, overshadowing Bitcoin and driving more significant sentiment swings.