UK Police Convicts Pair in £5.5 Billion Bitcoin Launder Case

Two individuals pleaded guilty for their roles in a multibillion-pound Bitcoin laundering operation after a seven-year Met Police investigation that seized 61,000 BTC (over £5.5bn at the time) and additional assets; sentencing is scheduled for November. The probe highlighted cross-border fraud originating in China, cooperation with international partners, and related convictions of associates, and the report also warns of separate malware found in widely used Node.js packages.