UK Authorities Return $5.4M to Cryptocurrency Fraud Victims
- UK authorities seize $5.4 million from crypto scammers.
- 23 verified victims have gotten their money back.
- An additional 127 people have filed a claim to recover their investment.
The Greater Manchester Police (GMP) of the UK announced that it has returned over $5.4 million funds seized from an international cryptocurrency scam to 23 verified victims. In addition, the authorities say they will return $7 million more to the remaining victims.
Thus far, 127 more supposed victims have filed a claim to retrieve their investments. However, the UK police state that they are still carrying out investigations alongside partners in international law enforcement globally.
The announcement regarding the news reads:
Over four million pounds have been returned to 23 verified victims and another 127 reported claims are currently being investigated by officers alongside partners in international law enforcement across the globe.
According to the police report, scammers shut down their …
