Nigeria: Terrorists, Drug Dealers Use Crypto to Raise, Hide Over £1bn Illicit Funds, UK Laments

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Nigeria: Terrorists, Drug Dealers Use Crypto to Raise, Hide Over £1bn Illicit Funds, UK Laments
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The United Kingdom (UK) government has announced a crackdown on criminals such as 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. The revelation led to the arrest and detention of two Binance executives by the Office of the National Security Adviser .

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