The great crypto crackdown: Police have frozen up to £6MILLION of digital currencies since getting powers to stop criminals funding terrorism and laundering ill-gotten gains

Up to £6million in crypto has been frozen by the courts since new powers came into effect last year, MailOnline can reveal.

Criminals have been increasingly using digital currencies such as Bitcoin to launder money, dodge taxes and fund terrorism.

Ministers last April launched a crackdown on the ’emerging threat’, with police, law enforcement and the HMRC allowed to freeze suspicious cryptocurrency wallets.

Under the rules designed to deprive criminals of ill-gotten gains, suspicious crypto wallets can be frozen for up to three years.

Frozen stashes can then be seized, if a court is satisfied the funds were gained or being used illicitly.

MailOnline’s analysis of court documents published over the last six months found the biggest freezing…

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