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UK police seize $249.5 million worth of cryptocurrency

The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...

US coronavirus death toll hits 100,000, cases now 1.7million

The coronavirus death toll in the United States hit 100,000 on Tuesday. According to renowned data website Worldmeters, the toll hit the mark around 6:00pm Nigerian time. On May 17, the figure reached 90,000; half of the number died in just one month. As at April 19, John Hopkins University and Worldometers, put their individual tallies at 40,000. America is currently the worst-hit country in the world. The U.S. has recorded 1,710,000 cases of coronavirus since the outbreak. Globally, over 5,630,000 cases have been recorded with nearly 350,000 deaths. 2,400,000 patients have recovered. President Donald Trump and his administration’s officials insist that China knows more than it is telling about the virus. The American leader recently suggested that Beijing wanted him lose the presidential...