Story perspectives
UK Gang Launches Cryptocurrency for Money Laundering Scheme
4/22/2025
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Story summary
- A UK street gang has made headlines by launching its own cryptocurrency, a groundbreaking move in Britain aimed at laundering money. Experts caution that this 'meme coin' scheme mirrors notorious scams like OneCoin, as the gang plans to exploit the digital currency landscape with a 'pump and dump' strategy for quick profits.
