Terrorists, drug dealers use crypto to raise, hide over £1bn illicit funds, UK laments

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The UK government has announced a crackdown on terrorists, drug dealers, and fraudsters who use cryptocurrency to raise and hide money.

The United Kingdom government has announced a crackdown on criminals such as terrorists, drug dealers, and fraudsters who use cryptocurrency to raise and hide money.

Vanguard reports that the UK has embarked on diverse policies bordering on immigration, economic and financial matters. Bankman-Fried also was ordered to pay $11 billion in forfeiture at the sentencing in Manhattan federal court.

 

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