#BTCvsMarkets

📣 A Shocking Crypto Twist in the UK

⚡️ A British gang has taken money laundering to a new level by creating their very own memecoin. The group, involved in drug trafficking, allegedly developed the cryptocurrency as a means to clean their illicit profits. By promoting the coin online and inflating its value through hype, they were able to cash out the proceeds as seemingly legitimate income.

👮‍♀️ Whistleblowers Sound the Alarm

Former police officer Carroll exposed the scheme, highlighting how criminal networks are rapidly adapting to technological trends. According to Carroll, the creation and promotion of such coins are becoming increasingly common tactics for organized crime to disguise dirty money in plain sight.

⚠️ Experts Issue a Serious Warning

Cybersecurity and financial crime experts have raised concerns about how easy it is to launch a memecoin with minimal oversight. They warn that this trend may spark a rise in similar schemes, where coins are promoted on social media, pumped in value, and then used as a laundering tool—blurring the lines between crypto innovation and criminal exploitation.