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Monday, Aug 02, 2021
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Met Police seize record £180m of cryptocurrency in London
The Met Police has seized a record £180m worth of cryptocurrency linked to international money laundering in London.
The seizure is the largest of its kind in the UK – beating the pervious record set when the Met confiscated £114m of cryptocurrency on 24 June.
A 39-year-old woman, arrested on suspicion of money laundering on 24 June, has been interviewed over the new seizure.
She has since been bailed.
The Met’s economic crime command made the seizure after following up intelligence received about the transfer of criminal assets. The investigation is continuing.
Transactions made using cryptocurrencies can provide more anonymity to senders and recipients of money.
The Met did not say which cryptocurrencies they seized.
Why Covid vaccine holdouts are fighting a losing battle
As global norms develop on quarantine-free travel for the fully vaccinated, Hong Kong will soon have to abandon its closed-border strategy and quarantine curbs too
Can artificial intelligence be registered as a patent inventor? A landmark Australian court decision says it can
For decades, only human beings could be recognised as inventors by the patent office - but not anymore.
Why Hong Kong needs urgent action on disposable plastic tableware
Proposal to ban in two phases, with the first phase not due to come into force until 2025, does not come close to reflecting the urgency of the problem
Facebook Whistleblower Says Rejected $64k Severance to Be Able to Denounce Company
Facebook has seen a lot of backlash in various fields recently, particularly in relation to the platform allegedly allowing the spread of misinformation about coronavirus vaccin...
Hong Kong tycoon's £237m dividend payout from UK Power Networks
UK Power Networks, which runs electricity infrastructure in London, the South East and East of England, handed the huge payouts to Li Ka-shing. The firm has been part of his emp...
Sky News Australia Suspended From YouTube For A Week Over Covid Report
Australian media reported that the suspension was issued after Sky News Australia allegedly denied the existence of Covid-19 or encouraged people to use some anti-Covid drugs, w...
China's war on everything turns towards its own tycoons, with Jack Ma being a prime example
The aggressive economic approach the Chinese Communist Party has taken to its perceived enemies is also being used against some of its most wealthy citizens, writes Ian Verrender.
UN Chief Flags "Education Crisis" As Schools Remain Closed Due to Covid
UN Chief Antonio Guterres said 156 million students are still affected by school closures due to COVID-19, and 25 million of them may never return.
Bad teeth a misery for Hong Kong’s elderly poor, social workers warn
Survey finds toothache affects the sleep of those living below the poverty line three times more than average elderly person.
UK scientists believe it is 'almost certain' a coronavirus variant will emerge that beats current vaccines
An analysis by British academics, published by the UK Government's official scientific advisory group, says that they believe it is "almost certain" that a SARS-Cov-2 variant wi...
Hong Kong finance chief dangles local legislation for Beijing’s anti-sanctions law
Paul Chan says China ‘cannot keep on taking a beating’, backs Beijing’s fightback as ‘necessary and reasonable’.
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