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Three Individuals in the UK Impersonate Police to Defraud Over £4 Million in Cryptocurrency, Metropolitan Police Service Solves Case via Blockchain Tracing

Source: news.met.police.uk Event types: Regulation/Compliance
Investigations revealed that one of the defendants declared an annual income of only 444 pounds, yet frequently visited high-end stores such as Harrods, Hermes, and Louis Vuitton, and stored approximately 500,000 pounds in cash in a safe deposit box in Dubai. The Metropolitan Police Cryptocurrency Unit reconstructed the criminal network through multi-dimensional evidence including blockchain transaction records, communication data, and cryptocurrency exchange records, ultimately recovering approximately 1 million pounds of victim funds.

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