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$656.19 1.00426
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$154.18 0.25409
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Bitcoin
Bitcoin (BTC)
$104,395.00 0.79837
Bitcoin price
Ethereum
Ethereum (ETH)
$2,510.88 0.15291
Ethereum price
BNB
BNB (BNB)
$656.19 1.00426
BNB price
Solana
Solana (SOL)
$154.18 0.25409
Solana price
XRP
XRP (XRP)
$2.16 2.78019
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 3.5135
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 3.44839
Pepe price
Bonk
Bonk (BONK)
$0.0000164 4.56997
Bonk price
dogwifhat
dogwifhat (WIF)
$0.846813 1.6467
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358769 6.62562
Popcat price
Bitcoin
Bitcoin (BTC)
$104,395.00 0.79837
Bitcoin price
Ethereum
Ethereum (ETH)
$2,510.88 0.15291
Ethereum price
BNB
BNB (BNB)
$656.19 1.00426
BNB price
Solana
Solana (SOL)
$154.18 0.25409
Solana price
XRP
XRP (XRP)
$2.16 2.78019
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 3.5135
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 3.44839
Pepe price
Bonk
Bonk (BONK)
$0.0000164 4.56997
Bonk price
dogwifhat
dogwifhat (WIF)
$0.846813 1.6467
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358769 6.62562
Popcat price
Bitcoin
Bitcoin (BTC)
$104,395.00 0.79837
Bitcoin price
Ethereum
Ethereum (ETH)
$2,510.88 0.15291
Ethereum price
BNB
BNB (BNB)
$656.19 1.00426
BNB price
Solana
Solana (SOL)
$154.18 0.25409
Solana price
XRP
XRP (XRP)
$2.16 2.78019
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 3.5135
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 3.44839
Pepe price
Bonk
Bonk (BONK)
$0.0000164 4.56997
Bonk price
dogwifhat
dogwifhat (WIF)
$0.846813 1.6467
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358769 6.62562
Popcat price

Arkham discovers UK government wallet with $4.1b in BTC

Dorian Batycka
Edited by
News
Arkham discovers UK government wallet with $4.1b in BTC

Experts from the analytical platform Arkham Intelligence have discovered an address associated with the UK government.

According to data from March 4, 61,245 Bitcoins (BTC) are held at the UK government address, approximately $4.1 billion at the time of writing.

According to experts, in 2018, UK police confiscated 61,000 BTC from two Chinese citizens. The source says that between 2014 and 2017, the suspect, Zhiming Qian, purchased cryptocurrency with funds obtained as a result of investment fraud and hid from Chinese authorities for a long time.

“Qian had reportedly purchased the Bitcoin with funds from an investment fraud committed in China between 2014 and 2017 and is an alleged fugitive from the Beijing authorities.”

Arkham Intelligence

Arkham clarified that the government only gained access to the seized Bitcoins in July 2021.

At the end of February, it was revealed that the UK authorities would have fewer restrictions on confiscating cryptocurrencies. On April 26, 2024, the country will come into force with a law that expands the powers of the National Crime Agency to seize crypto assets linked to suspected illegal activity.

According to the document, local law enforcement agencies can freeze crypto assets associated with criminal activity without conviction.