<ul><li>The U.K. government has frozen $7.7 million in illicit crypto assets in an effort to combat crime.</li><li>The largest frozen crypto wallet held $1.94 million in tokens and was on Coinbase.</li><li>Law enforcement in the U.K. has enhanced powers to freeze, seize, and destroy crypto assets linked to criminal activities.</li><li>The U.S. Department of Justice has also seized around $201,400 in cryptocurrency used to fund the terrorist organization Hamas.</li></ul>

U.K. Freezes $7.7 Million in Illicit Crypto Assets to Combat Crime

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