Operation destabilise seized 25.5 million USD: The United Kingdom’s National Crime Agency conducted “Operation Destabilise,” successfully seizing 25.5 million USD in cash and cryptocurrencies. This significant breakthrough followed the arrest of 84 individuals engaged in money laundering operations linked to Russian networks, marking an international effort to combat sanctions evasion.

Global cooperation foiled illicit crypto flows: Authorities across different regions including the Middle East, Russia, and South America collaborated to tackle these illicit flows. Despite regulatory challenges, the combined efforts led to sanctions against several entities. The UK’s proactive measures underscored its role as a focal point in addressing cryptocurrency-related money laundering.