Wu Blockchain has learned that the UK Avon and Somerset Police announced that their financial investigation unit has lawfully confiscated criminal assets worth approximately $1.4 million under the Proceeds of Crime Act (POCA). These assets include 20.21 BTC, other crypto assets, and funds in bank accounts. The individual involved has passed away and was previously convicted of money laundering. Police traced the assets back to darknet markets operating between 2016–2019. After the court ruled that these assets were proceeds of illegal activities, the confiscation was completed earlier this year. Police stated that this is the largest crypto asset seizure by the force since the introduction of the crypto wallet freezing order in April 2024. https://(wublock123.com)/news/uk-police-seize-1-4m-criminal-assets-including-20-21-btc-67374