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UK police seize $249.5 million worth of cryptocurrency

The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...

Rafael Nadal beats Stefanos Tsitsipas to win 12th Barcelona title

Rafael Nadal saved a championship point to beat Stefanos Tsitsipas 6-4, 6-7 (6/8), 7-5 on Sunday and claim a 12th Barcelona Open title in the ATP’s longest match of 2021. The Spaniard secured his first title of the year and 87th of his career, denying Tsitsipas back-to-back triumphs following his maiden Masters 1000 title at Monte Carlo last week. Nadal avenged his Australian Open quarter-final loss to Tsitsipas and will return to second in the ATP rankings on Monday by climbing back above Daniil Medvedev after his marathon 3-hour 38-minute win. “It means a lot for me to play the final here and win,” said Nadal. “I improved my level during the week and this trophy means a lot.” Nadal redeemed himself after a surprise quarter-final exit in Monte Carlo, but the three sets dropped en route to...