The National Crime Agency has discovered a multi-billion-dollar money laundering scheme that was established when UK gangs were having trouble selling their loot during lockdown.
Investigators claim that their discovery of the Russian-speaking network ingrained in the UK’s illegal drug trade is the largest money laundering victory in ten years.
In order to prevent drug revenues from being discovered, the Moscow-based global operation has been accepting illicit funds from criminal organizations in exchange for untraceable bitcoin. The Russian government has also funded espionage through the network.
At a briefing earlier this week, the NCA and its allies informed reporters that the network operates in 30 countries and has so far resulted in the arrest of 84 persons, including 71 in the UK.
